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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
Something for the FinMin to smile about: Falling crude prices help control fiscal deficit

Sep 22, 2014

Something for the FinMin to smile about: Falling crude prices help control fiscal deficit

Lower crude prices mean less government outlay for India, which imports 80 percent of its oil needs - at a cost of $168 billion last year - and subsidizes oil products such as diesel and fertilizer. #Economy #Inflation #India #RBI #Reserve Bank of India #Narendra Modi #fiscal deficit #Arun Jaitley #Raghuram Rajan #Diesel #Subsidies #Growth #Fuel #Arvind Mayaram
Splitting subsidy with oil producers credit positive: Moody's

Sep 01, 2014

Splitting subsidy with oil producers credit positive: Moody's

Currently, ONGC and Oil India share the fuel subsidy burden with the government on an ad-hoc basis as decided by the government #India #Credit #oil #ONGC #Moody's #Subsidy
Govt hopes to cut subsidy bill by Rs 23,400 cr; sets up high-level panel for FCI revamp

Aug 21, 2014

Govt hopes to cut subsidy bill by Rs 23,400 cr; sets up high-level panel for FCI revamp

The terms of reference of the panel are to study various models of restructuring or unbundling of the FCI and suggest the best-suited model to improve its operational efficiency and financial management. #India #Wheat #Agriculture #MSP #minimum support price #farmer #Subsidy #Himachal Pradesh #Food Corporation of India #FCI #food grain #Restructure #Panel
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
Arun Jaitley's budget is a story of missed opportunities

Jul 11, 2014

Arun Jaitley's budget is a story of missed opportunities

The Modi government's first union budget did not signal a directional shift in economic management that the country sorely needs. #Economy #India #Disinvestment #fiscal deficit #Arun Jaitley #Chidambaram #Subsidy #Tax #Budget 2014
Union Budget 2014: Expect bold reforms but no major tax changes

Jul 09, 2014

Union Budget 2014: Expect bold reforms but no major tax changes

India will probably unveil bold reforms in its budget on Thursday in a bid to turn around an economy growing at decade lows, but major changes to taxes will be absent, a Reuters survey showed.
#Subsidies #Tax #GST #Reforms #DTC #Direct Tax Code #tax changes #Budget 2014 #Union budget 2014