Topic: 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...
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...
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...
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...
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...
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...
Pradhan Mantri Ujjwala Yojana: Rs 5,000 crores transferred for free delivery of LPG
The GoI has so far transferred Rs 5,000 crores to Pradhan Mantri Ujjwala Yojana (PMUY). This has been done to provide free LPG cylinders to PMUY beneficiaries. What...
India appeals against WTO panel’s ruling on export promotion schemes
On 18 Nov, India appealed against a World Trade Organization (WTO) dispute settlement panel’s ruling that had recommended withdrawal of its key export subsidy schemes, including the one...Agri Reform: Replacing Subsidies with Direct Benefit Transfer
As part of rationalising the subsidies time and again it has been suggested that replacing subsidies with the direct benefit transfer (DBT) through the trinity of JAM (Jan-Dhan,...
New index to Assess Quality of Central and State Budgets
The Confederation of Indian Industry (CII) has come out with a Fiscal Performance Index to assess the quality of budgets presented by the Centre and state governments. Fiscal...
India's Fiscal Deficit Hits Around 115% of FY19 Target
India’s fiscal deficit in the first eight months of FY2018-19 rose to Rs 7.17 lakh crore, hitting around 115% of the budgeted target for the current financial year,...
