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Current Affairs

GK MCQs Section

Page-2 of Topic: Subsidy

Union Government links LPG subsidy to income

Union Government has announced to link LPG subsidy to income of consumers in order to ensure that the subsidy benefits go to the targeted group. Henceforth, the LPG...

December 29, 2015

India raises concerns over massive subsidization of farm sectors by developed countries at WTO meet

India has raised concerns over massive subsidization of farm sectors by developed (rich) countries. These concerns were raised Union Minister for Commerce and Industry Nirmala Sitharaman during the...

December 17, 2015

CCEA approves production subsidy of Rs 4.50/quintal to Sugarcane farmers

The Cabinet Committee on Economic Affairs (CCEA) has decided to pay a production-linked subsidy of Rs 4.50 per quintal directly to sugarcane farmers in the current crushing season....

November 20, 2015

PAHAL scheme enters into Guinness Book of world records

Union Government’s ambitious Pratyaksha Hastaantarit Laabh (PAHAL) scheme has been acknowledged as the world’s largest cash transfer program (households) by the Guinness Book of World Records. Pratyaksha Hastaantarit...

August 14, 2015

Govt caps kerosene subsidy at Rs 12 per litre and Rs 18 per kg for LPG

On 10 August Central government has capped the subsidy payout on kerosene at Rs. 12 per litre and Rs. 18 per kg for LPG and notifies the upstream companies to...

August 10, 2015

Spices Board launches Subsidy Scheme to boost production and export

Spices Board of India has launched subsidy scheme in a bit to promote spice cultivation in India by offering subsidies and sensitise to farmers. Under this scheme Financial...

August 3, 2015

Global energy subsidies to hit US $ 5.3 trillion this year: IMF report

International Monetary Fund (IMF) in its recent report titled Act Local, Solve Global: The $5.3 Trillion Energy Subsidy Problem has voiced alarm about energy subsidies across the world....

May 19, 2015

Union Government launches 'Give It Up' movement in Karnataka

Union Government on 4 April 2015 formally launched the ‘Give It Up’ movement in Karnataka. It was launched by Union Minister of State (MoS) for Petroleum and Natural...

April 4, 2015

Union Government extends National Food Security Act deadline by 6 months

Union Government again has extended rolling out deadline for National Food Security Act (NFSA), 2013 by six months. It was announced by Union Food Minister Ram Vilas Paswan...

April 4, 2015

CCEA gives nod to extend PDS Kerosene, Domestic LPG Subsidy Scheme and Freight Subsidy Scheme

The Cabinet Committee on Economic Affairs (CCEA) has given its nod to extend the PDS Kerosene and Domestic LPG Subsidy Scheme, 2002 for a period of one year...

March 5, 2015

Government to relaunch Direct Benefits Transfer Scheme

The Union Cabinet has approved the relaunch of the Direct Benefits Transfer scheme with some modifications. Some of the salient points pertaining to the new scheme are:- Scheme...

October 21, 2014

Union Cabinet’s approval to interest subsidy for farmer loans

The Union Cabinet has given its approval to continue interest subsidy to Public Sector Banks (PSBs), Regional Rural Banks (RRBs), Cooperatives Banks and NABARD allowing them to grant...

September 8, 2012

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