Page-3 of Subsidy

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

December 17, 2015

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 10th Ministerial Conference of the World Trade Organisation (WTO) in Nairobi, Kenya. ..

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

November 20, 2015

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. Decision in this regard was taken at CCEA meeting chaired by Prime ..

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PAHAL scheme enters into Guinness Book of world records

August 14, 2015

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 Laabh (PAHAL) scheme The scheme was formally launched as Direct Benefit Transfer ..

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

August 10, 2015

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 bear about Rs 5,000-6,000 crore kerosene subsidy for the fiscal year. Subsidy ..

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Spices Board launches Subsidy Scheme to boost production and export

August 3, 2015

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 assistance: To farmers cultivating and planting various spices will be provided. The ..

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

May 19, 2015

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. The report has clearly mentioned that theenergy subsidies across the world are ..

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