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Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

Apr 22, 2015

Modi is ending UPA's oil mess, but cannot remain a fair weather deregulator

The government's decision to free ONGC from having to subsidise LPG this year is good, but this decision cannot depend on the vagaries of global oil prices. Deregulation cannot be brought in or abandoned based on convenience #ONGC #LPG Subsidies #Dharmendra Pradhan #Oil Price Deregulation #Windfall Profits Tax
Keep euphoria in check: S&P warns India's fiscal worries far from over

Apr 14, 2015

Keep euphoria in check: S&P warns India's fiscal worries far from over

S&P highlights the high subsidy burden as the key area of concern, which remains despite fuel-subsidy reforms in 2014. #Economy #UPA #ConnectTheDots #Moody's #Standard & Poor's #NDA #Sovereign credit #Kim Eng Tan #Fertilizer subsidies
Dear PM Narendra Modi, here's why I will not be giving up my LPG subsidy

Apr 10, 2015

Dear PM Narendra Modi, here's why I will not be giving up my LPG subsidy

A political party and its followers who threw a fit when the UPA government decreased the number of subsidized LPG cylinders now want everybody to renounce subsidy. #Narendra Modi #ConnectTheDots #LPG #LPG cylinders #NDA Government #LPG subsidy
PM asks better-offs to forgo LPG subsidy, help the poor get gas connections

Apr 03, 2015

PM asks better-offs to forgo LPG subsidy, help the poor get gas connections

"Give it up" campaign should be taken up on the lines of "Swacch Bharat" and "Beti Bachao, Beti Padhao initiatives, Modi said. #Economy #UPA #BJP #Narendra Modi #NewsTracker #LPG subsidy
PM Modi urges the rich to ditch LPG subsidy; resolves to cut dependence on oil imports

Mar 28, 2015

PM Modi urges the rich to ditch LPG subsidy; resolves to cut dependence on oil imports

Prime Minister Narendra Modi on Friday appealed to the well off people to give up subsidised cooking gas. #Business #India #NewsTracker #Subsidy #Cooking Gas #DBT #subsidised LPG #PM Narendra Modi
Govt may exempt ONGC, OIL from payment of fuel subsidy in Q4

Mar 27, 2015

Govt may exempt ONGC, OIL from payment of fuel subsidy in Q4

The difference between the cost and the retail selling price is borne by the government by way of cash subsidy and upstream producers like ONGC. #Economy #NewsTracker #Oil Ministry #ONGC #GAIL #Oil India #Dharmendra Pradhan #Fuel Subsidy #Urja Sangam
Govt seeks Parliament nod for additional Rs 36,953 cr spending

Mar 09, 2015

Govt seeks Parliament nod for additional Rs 36,953 cr spending

The second batch of Supplementary Demands for Grants 2014-15 was tabled in Parliament today by Finance Minister Arun Jaitley. #Economy #NewsTracker #Arun Jaitley #Ministry of Finance #Fuel Subsidy #Central Sales Tax
Tax math, disinvestments will make or break Arun Jaitley's Budget 2015

Feb 28, 2015

Tax math, disinvestments will make or break Arun Jaitley's Budget 2015

Evaluating the budget is always a tricky job and ideally one should score the earlier budget based on realization versus budgeted numbers. #Economy #GDP #Disinvestment #Food Security Act #Economic Survey #Gaar #Fuel Subsidy #Jan Dhan #Defence expenditure
Budget 2015: Let's leave carping for tomorrow , it is Jaitley's day today

Feb 28, 2015

Budget 2015: Let's leave carping for tomorrow , it is Jaitley's day today

It would have been appropriate to kick start a process to exclude the better off sections from receiving subsidies even as the poor are protected #reform #fiscal deficit #Arun Jaitley #Subsidy #Union Budget 2014-15 #budget 2015 #Economy Budget 2015
Economic Survey 2014-15 sees no need for 'big bang' reforms to get 10 percent growth

Feb 28, 2015

Economic Survey 2014-15 sees no need for 'big bang' reforms to get 10 percent growth

The Economic Survey tabled in parliament is more optimistic in tone than others in the recent past. It sees "creative incrementalism" as the route to reforms and raising GDP growth to double-digits. One-shot big bang reform is not needed #Subsidies #Direct Benefits Transfer #Jan Dhan Yojana #Budget2015 #economic survey 2014-15 #double digit growth #GDP Growth CEA Arvind Subramanian #Economic Surbey