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News
subsidies
Subsidies News
LPG
01 Sep 2016
Subsidised LPG price hiked by Rs 2 per cylinder
Subsidised cooking gas (LPG) price was on Thursday hiked by Rs 2 per cylinder, the third straight increase since July in rates as the government looked at monthly increases to cut down subsidies.
LPG
26 Jun 2016
Government eliminates 1.6 crore bogus ration cards, to save Rs 10,000 crore
Government has eliminated 1.6 crore duplicate and bogus ration cards that will help save about Rs 10,000 crore in subsidy bill annually, said Finance Secretary Ashok Lavasa.
Expenditure Management Commission
28 May 2015
Jalan panel on expenditure management to submit report by December
The Expenditure Management Commission set up by the government to suggest ways to rationalise subsidies will submit its final report by December 2015, its Chairman Bimal Jalan said on Thursday.
China
12 Feb 2015
US challenges Chinese export subsidies
The United States on Wednesday launched a legal challenge to Chinese subsidies supporting billions of dollars of exports across a wide swathe of industries from steel to shrimp.
Arun Jaitley
06 Dec 2014
More steps to rationalise subsidies on anvil: Arun Jaitley
The Centre had set up a Commission under former RBI Governor Bimal Jalan to suggest steps to rationalise subsidy and help the government in effectively bringing down the fiscal deficit.
Arun Jaitley
23 Nov 2014
Govt to streamline subsidies, cheap LPG for rich may go: Arun Jaitley
However, he maintained that some element of subsidy will have to remain for a large section who are entitled to it since the country has lot of poor people who need state support.
Bimal Jalan
07 Sep 2014
Jalan panel to suggest ways to cut subsidies, hike user charges
The Expenditure Management Commission, headed by Bimal Jalan, has been entrusted with the task of suggesting ways to improve fiscal discipline, target subsidies more efficiently and imposition of user charges on utilities.
subsidies
01 Aug 2014
4.1% fiscal deficit target a daunting challenge: Jaitley
Finance Minister Arun Jaitley on Friday said the fiscal deficit target of 4.1 percent of GDP for the current fiscal is a "daunting" task and announced the subsidy bill will be reduced progressively.
Budget 2014
30 Jun 2014
Budget may focus on tax reforms, lower subsidies: Barclays
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.
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