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Monday, November 4, 2024
TopicSubsidy

Topic: subsidy

Uttarakhand to increase subsidies for films in local languages in the state

According to the CMO, the government has increased subsidies about eight times for films to be made in Garhwali, Kumaoni, and Jaunsari.

BJP-led states among highest subsidy givers in 2022-23 on per capita basis, shows analysis

Bank of Baroda economic research team calculated per capita subsidy expenditures of major states & found Punjab had highest, followed by Karnataka, Gujarat, Tamil Nadu & Maharashtra.

India’s subsidies for renewable energy nearly doubled in 2021 fiscal after 4-yr lull, report finds

Data from International Institute for Sustainable Development highlights higher subsidy allocation to renewables comes despite 3% drop in subsidies to energy sector as a whole in FY 2021-22. 

Modi govt plans to scrap LPG subsidy under PAHAL as economic woes hit revenues

The PAHAL scheme was first launched under the UPA government in 2013, and was then revised and relaunched after the Modi government came to power in 2014.

Indian economy has a twin deficit problem. To counter it, govt needs to juggle growth & stability

The government will have to do a balancing act, maintaining growth and macroeconomic stability by keeping fiscal and current account deficits within manageable limits.

Basic income for poor demands subsidy cuts, a step govts in India are unlikely to take

If no effort is made to consider how a minimum income guarantee is financed, then the expenditure would lead to cuts in public investment & higher borrowing.

India may lose trade dispute with US in WTO, says commerce secretary Teaotia

US has dragged India to WTO for providing export subsidies even as the latter's income levels cross the subsidy threshold. 

The more the farmers distrust the government, the more they will resist reform

In a low trust and low capacity state, voters can resist reform, because they believe the government is either unwilling or incapable of implementing it successfully and equitably.

NDA restores subsidy to flagship Gujarat PSU that UPA had stopped for ‘abuse’

UPA had stopped subsidy to GSFC in 2013 after it was found the company wasn’t passing it on to farmers. Modi govt reversed decision this March.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.