Subsidies

Telangana Joins Free Rice Scheme

The Telangana government has recently made the decision to join the free rice scheme of the Central government under the National Food Security Act (NFSA). This initiative aims to provide assistance to families in need by distributing free rice to ..

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RBI surplus transfer to government – Update (May, 2022)

The Reserve Bank of India (RBI) board recently approved the transfer of ₹30,307 crores to the central government for the financial year 2021-22. This is the lowest dividend in ten years. The huge investments of RBI in reverse repo operations ..

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New Zealand set to consolidate healthcare into National service

On April 21, 2021 the New Zealand government announced that it is to consolidate the fragmented health system in the country into a national service. The consolidated system is to look more like the ones implemented in Britain. Key Highlights ..

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Operation Green: 50% Freight Subsidy for agricultural perishables

The Ministry of Food Processing and the ministry of Railways have jointly provided subsidised rate of 50% for freight transportation of perishable agriculture produce such as vegetables and fruits. The step is being implemented to boost Operation Green. Operation Green ..

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Union Cabinet approves Nutrient Based Subsidy

On April 22, 2020, the Union Cabinet approved to fix Nutrient Based Subsidies for Phosphatic Potassic fertilizers. Highlights The cabinet also approved the use of complex fertilizer namely Ammonium Phosphate. The expenditure to be spent on the subsidy of the ..

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IISD: India’s Renewable Subsidies decline by 35%

The Council on Energy, Environment and Water (CCEW) and International Institute of Sustainable Development (IISD) recently released a report called “Mapping India’s Energy Subsidies, 2020”. Highlights The report says that India’s energy subsidies have declined by 35% in 2019 as ..

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