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 ..
Month: Current Affairs - January, 2023
Category: India Nation & States Current Affairs
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 ..
Month: Current Affairs - May, 2022
Category: Economy & Banking Current Affairs
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 ..
Month: Current Affairs - April, 2021
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 ..
Month: Current Affairs - October, 2020
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 ..
Month: Current Affairs - April, 2020
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 ..
Month: Current Affairs - April, 2020
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 is the plan? The GoI under Pradhan Mantri Garib Kalyan package had ..
Month: Current Affairs - April, 2020
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 for special economic zones in the next 90-180 days. Recently, WTO had ..