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India's sugar policy, world prices, hinge on delayed monsoon

India's sugar policy, world prices, hinge on delayed monsoon

Last Updated: Friday, July 11, 2014, 16:15

Uncertainty over progress of the delayed monsoon is complicating India`s sugar policy, raising the risk it will halt sugar export subsidies in a move that would buoy world prices.

Economic Survey favours direct cash subsidies for BPL households

Last Updated: Wednesday, July 09, 2014, 14:57

The government's pre-budget Economic Survey Wednesday suggested payment of subsidy in cash for those below poverty line through technologies like biometric identification, observing the current methodology has led to distorted resource allocation.

High subsidies on LPG, kerosene to remain a challenge: ICRA

Last Updated: Monday, July 07, 2014, 20:21

With diesel price deregulation likely at some point this fiscal, high subsidies on LPG and kerosene will continue to be a major challenge, Icra Research said Monday.

Budget may focus on tax reforms, lower subsidies: Barclays

Last Updated: Monday, June 30, 2014, 21:43

The Narendra Modi government is expected to propose a pro-growth budget focused on tax reforms, lower subsidies and asset sales, global financial services company Barclays said here.

India should gradually reduce fiscal deficit: IMF official

Last Updated: Wednesday, June 11, 2014, 16:36

To bolster economic growth, India should continue to gradually bring down the fiscal deficit and usher in fuel subsidy reforms, a senior International Monetary Fund official said.

CII pitches for extending stimulus package in Union Budget

Last Updated: Friday, May 30, 2014, 19:27

Industry body CII on Friday pitched for extending the short-term stimulus package, early roll-out of GST and rationalisation of subsidies, among other measures, in the first Union Budget under Narendra Modi-led government.

Direct subsidy to farmers for buying farm equipments

Last Updated: Friday, May 30, 2014, 19:19

Punjab government has launched a special scheme to release direct subsidy to farmers, allowing them to purchase agricultural and horticultural implements from any empanelled firm of their choice.

Subsidy kills innovation, interest of people: Chakrabarty

Last Updated: Saturday, December 28, 2013, 21:15

RBI Deputy Governor K C Chakrabarty Saturday said subsidies killed innovation and interest of people even as leaders of various industrial sectors demanded sops to nurse their companies back to health.

Bleak outlook for WTO deal as rifts widen over food subsidies

Last Updated: Thursday, December 05, 2013, 13:04

Divisions over food subsidies widened among members of the World Trade Organization on Thursday, making it unlikely a landmark trade deal could be reached with just a day left to the end of talks.

Govt has to shift part of oil subsidy bill to next year: Fitch

Last Updated: Monday, November 18, 2013, 15:24

The government had allocated Rs 65,000 crore for petroleum subsidies in 2013-14, of which Rs 45,000 crore has already been utilised to pay the oil marketing companies to meet their subsidy requirement of previous financial year.

India to rely on 2014-15 budget for oil subsidies: Fitch

Last Updated: Monday, November 18, 2013, 13:05

Fitch Ratings on Monday said the Indian government will have to depend on its FY 2014-15 budget to fund part of the current financial year’s oil subsidies bill.

'Subsidies for entrepreneurs in rural, urban areas'

Last Updated: Sunday, October 20, 2013, 20:10

The subsidy would be 35 percent for weaker sections in rural areas and 25 percent for others. In urban areas, it would be 25 percent for weaker sections and 15 percent for others, he said, speaking at a seminar here.