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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
Little Bang: Economic Survey 2015 takes a realistic view on reforms

Feb 28, 2015

Little Bang: Economic Survey 2015 takes a realistic view on reforms

The double-digit growth that the Economic Survey sees as possible is not statistically difficult. More interesting is the practical approach it takes to reforms in a diverse, democratic polity. #Economy #Arun Jaitley #Subsidies #Reforms #NPAs #SLR #Economic Survey #Big Bang Reforms #FRBM Act #Jan Dhan #Budget2015 #economic survey 2014-15 #Bank Reforms
Budget 2015: Direct benefit transfer only way to cut govt's subsidy burden

Feb 24, 2015

Budget 2015: Direct benefit transfer only way to cut govt's subsidy burden

The only way out for the government will be widening the coverage of direct benefit transfer or DBT. #Economy #Subsidy #expenditure #Direct Benefit Transfer #DBT #Budget2015
Not good enough: Subsidy cuts in Budget 2015 may disappoint investors

Feb 23, 2015

Not good enough: Subsidy cuts in Budget 2015 may disappoint investors

India may slash its food and fuel subsidy bill by about $8 billion in the budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full budget. #Finance minister #Arun Jaitley #Subsidies #Budget2015 #Economy Budget 2015 #Markets Budget 2015 #Fertlisers #Market Budget 2015
Budget 2015: Food and fuel subsidy bill may be cut by 20%

Feb 20, 2015

Budget 2015: Food and fuel subsidy bill may be cut by 20%

India may slash its food and fuel subsidy bill by 20 percent, or about $8 billion, in the annual budget to be presented next week, two government sources said. #Finance minister #Arun Jaitley #Food subsidy #Fuel Subsidy #budget 2015 #Budget2015 #Common Man Budget 2015 #Finance Budget 2015