US farm lobbies call for action over India, China subsidies

Big developing countries such as China and India are routinely breaking international trade rules on agriculture and the U.S. government should take action to stop them, representatives of U.S. corn and rice growers said on Thursday.

Jan Dhan Yojna aims at encouraging savings: P Jayaram Bhat

P Jayaram Bhat, MD and CEO, Karnataka Bank Ltd said that the Pradhan Mantri Jan-Dhan Yojana (PMJDY) aims at encouraging savings, availing credit from banks and rooting of government subsidies and benefits to directly to the beneficiaries accounts.

Sudan says to keep key subsidies in 2015, not raise taxes

 Sudan will keep in place subsidies on wheat and petrol and not raise taxes in 2015, the finance minister said on Monday as he presented next year`s budget to parliament.

Aadhar not mandatory for availing of subsidies: Govt

Aadhaar card is not mandatory to avail of subsidies under government schemes including on domestic cooking gas, the government today said in the Rajya Sabha.

MP govt announces subsidies for power consumers

The Madhya Pradesh government has decided
to give a subsidy totalling Rs 1,776 crore on the tariff fixed
by the Electricity Regulatory Commission this fiscal to
provide relief to power consumers in some categories.

Punjab govt would continue subsidies: Sukhbir

Punjab Deputy Chief Minister
Sukhbir Singh Badal on Saturday said the SAD-BJP government would
continue with subsidies until the economy of debt-ridden farm

After recovery, phase out subsidies: IMF to India

IMF has asked India to phase out subsidies and introduce market-based pricing for petroleum products following its rapid recovery from the global financial crisis.

ONGC to pay Rs 3,497 cr fuel subsidy in Q3

Oil and Natural Gas Corp, India`s largest oil and gas producer, will bear Rs 3,497 crore fuel subsidy in the third quarter ended December 31, 2009.

State-run oil firms to get Rs.12,000 crore as subsidy

State-run oil marketing companies will get around Rs.12,000 crore from the central government as subsidies, less than half of the Rs 31,700 crore sought by the petroleum ministry, a government official said Friday.

Divert subsidies to improve rural infrastructure: Montek

The Planning Commission has said the amount being spent on power and fertiliser subsidies can be better utilised to improve agriculture infrastructure.

Autonomous institutes to hike tuition fee, remove subsidies

Autonomous educational
institutions are planning to take a slew of measures
including increasing tuition fee and charging user fee for
internet as the government has asked them to generate
additional resources from students.