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India to reduce subsidies to cut down expenditure: Jaitley

Jan 22, 2015

India to reduce subsidies to cut down expenditure: Jaitley

India wants to reduce its subsidy bill, estimated at near two percent of its gross domestic product, to cut down state expenditure and transfer funds to other sectors, the finance minister said. #Arun Jaitley #Subsidies #FM #expenditure
Cutting food subsidy to cash transfer: Panel suggests steps to revamp FCI

Jan 22, 2015

Cutting food subsidy to cash transfer: Panel suggests steps to revamp FCI

The eight-member committee, was set up in August 2014 under the chairmanship of BJP MP Shanta Kumar, to recommend a complete overhaul of the way the mammoth organisation, FCI, functions. #Narendra Modi #TheySaidIt #Food Corporation of India #Ram Vilas Paswan #Food subsidy #Direct Cash Transfer #Panel #wheat rice
After diesel, Modi govt wants to decontrol urea, but it won't work if done in small doses

Jan 20, 2015

After diesel, Modi govt wants to decontrol urea, but it won't work if done in small doses

The NDA government is working on a plan for the gradual phaseout of urea price controls. But an extended phaseout will be politically tougher than a quick one-shot affair. The government should do it quickly. #Subsidies #LPG Subsidies #Direct cash transfers #Union Budget 2015 #Urea Deregulation
From public spending to growth: What Arun Jaitley said at CII meet

Jan 19, 2015

From public spending to growth: What Arun Jaitley said at CII meet

Ahead of the 2015-16 Budget, Finance Minister Arun Jaitley today said there was a need to rationalise all subsidies and ensure stability in policies to attract investment and drive growth. #Arun Jaitley #Infrastructure #LPG #Subsidies #Growth #GST #CII #budget 2015 #2015-16 Budget
Revealed: The Modi economic vision for Bharat, India, and India Inc

Jan 19, 2015

Revealed: The Modi economic vision for Bharat, India, and India Inc

Prime Minister Narendra Modi expanded on his economic, social and political vision on 16 January at a business summit organised by a pink newspaper. Here's decoding what he meant, and the gaps he left open in the vision #InMyOpinion #Subsidies #Reforms #Good Governance #Modi's Vision #Modi's Economic Vision #ET Global Business Summit #Role of Govt
IMF praises Indian govt for reducing fuel subsidies

Jan 18, 2015

IMF praises Indian govt for reducing fuel subsidies

The government, in October last year, deregulated dieselprices. Following the decision, retail prices of the fuel nowreflects international movement in oil prices. #India #IMF #Petrol #TheySaidIt #Government #Diesel #Fuel #Fuel Subsidies
Min govt, max governance: There are gaps in Modi's vision that need filling

Jan 17, 2015

Min govt, max governance: There are gaps in Modi's vision that need filling

Modi's expanded vision of the role of the state has reveals some inconsistencies in areas like public sector companies, food procurement, and provision of health and education. He needs to sort them out to fulfil his vision. #HowThisWorks #Privatisation #Subsidies #Public Goods #welfare state #Minimum Government #Role of State #Maximum Governance #Modi Economic Vision
Govt to exempt ONGC, OIL from fuel subsidy payment this fiscal

Jan 09, 2015

Govt to exempt ONGC, OIL from fuel subsidy payment this fiscal

Upstream producers ONGC and OIL made good nearly half of the revenue loss or under-recoveries that fuel retailers incurred on selling cooking fuel and diesel until recently at government controlled rates. #Business #Economy #ThisisNext #ONGC #GAIL #Oil India #Dharmendra Pradhan #Fuel Subsidy
Amartya Sen now sees PM Modi in new light, despite secular concerns

Dec 22, 2014

Amartya Sen now sees PM Modi in new light, despite secular concerns

Amartya Sen, one of Modi's biggest critics before the Lok Sabha election, is now reassessing him on many aspects except his secular credentials - where Sen remains a critic #Narendra Modi #Amartya Sen #Health #NREGA #Education #Food security #Secularism #Diesel Subsidy