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Economy in bad shape, need to be pragmatic on subsidies: SC

Last Updated: Monday, September 16, 2013, 19:15

The apex court said that stereotype thinking on subsidy has to be changed as economy, which has been hit by falling value of Rupee, has to survive and Public Transport Corporations have to find out means to sustain themselves without getting subsidy.

Reduced diesel, LPG subsidies will lower fiscal deficit: PM

Last Updated: Saturday, December 15, 2012, 15:05

Manmohan Singh said the actions in correcting energy pricing, reducing diesel and LPG subsidies, were for achieving this target.