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Centre seeks Rs 15,546 cr fuel subsidy from upstream firms

Jul 31, 2014

Centre seeks Rs 15,546 cr fuel subsidy from upstream firms

Fuel retailers IOC, HPCL and Bharat Petroleum Corp Ltd (BPCL) sell diesel, domestic LPG and kerosene at government controlled rates which are way below the cost. #Economy #NewsTracker #Oil Ministry #ONGC #Indian Oil #LPG #Hindustan Petroleum #Oil India #Fuel Subsidy #GAIL India
Jaitley to address RBI board Will he outline steps taken to tackle fiscal deficit?

Jul 27, 2014

Jaitley to address RBI board Will he outline steps taken to tackle fiscal deficit?

Finance Minister Arun Jaitley will address the board of the Reserve Bank here on August 9 amid expectations that the central bank will complement government actions by reducing rates to boost growth. #Economy #India #RBI #fiscal deficit #Arun Jaitley #Chidambaram #Subsidy #Reforms #Budget 2014 #Union budget 2014
India should get its own deal at WTO before saying yes to US, EU

Jul 26, 2014

India should get its own deal at WTO before saying yes to US, EU

The stand of the US, EU and allies is that the food security issues can be sorted out before 2017 but the TFA cannot wait because of its deadline. #India #US #Narendra Modi #ConnectTheDots #EU #G20 #WTO #Food subsidy #Agreement on Agricultural #G33 #Trade Facilitation Agreement #Madi government
Credit agencies skeptical of Modi govt's pledge to keep FY15 fiscal deficit target

Jul 11, 2014

Credit agencies skeptical of Modi govt's pledge to keep FY15 fiscal deficit target

With varying degrees of severity, Fitch, Moody's and Standard & Poor's all expressed worries that Finance Minister Arun Jaitley's pledge to keep this year's fiscal deficit to 4.1 percent of gross domestic product looked unrealistic. #S&P #BJP #Narendra Modi #FDI #fiscal deficit #Arun Jaitley #CRISIL #Subsidies #Fitch #Budget2014 #moody's GDP

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Govt must spend more to make India a sporting superpower

Nov 27, 2013

Govt must spend more to make India a sporting superpower

The situation in our sports is similar to our education system. If govt facilitated creation of good and adequate education infrastructure, then we won't have so many people going abroad for studies. #Sports #Cricket #Government #Subsidies #LetterstoFP #Vikas Gowda #SAI
Intellectual gluttony Why is it ok to subsidise gold and not food?

Jul 23, 2013

Intellectual gluttony Why is it ok to subsidise gold and not food?

Why do we balk at food subsidy for the poor when we accept every other form of subsidy for the rich - from diesel to power to education? #Economy #India #Amartya Sen #Food security #Subsidy #Gold Duties