Food Subsidies

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Food Subsidies - Total results - 8
Jan Dhan may get Modi into Guinness book, but duplicate accounts will burden banks
Economy

Jan Dhan may get Modi into Guinness book, but duplicate accounts will burden banks

In the absence of a careful approach, as the RBI highlighted, 7.5 crore zero-balance accounts will become a liability to the system

Jan Dhan plus DBT is a winner; over 3 years, it won't be a back-breaker for banks
Finance

Jan Dhan plus DBT is a winner; over 3 years, it won't be a back-breaker for banks

In a worst-case scenario, the Jan Dhan Yojana could cost banks or the govt upto Rs 13,500 crore annually. But once more subsidies are moved to direct transfers and bank accounts, it will break even

Indo-US WTO deal buys us time; but we need to reform manufacturing and food subsidies
Economy

Indo-US WTO deal buys us time; but we need to reform manufacturing and food subsidies

The Indo-US WTO deal allows us more time to fix our food subsidy issue, but signing the TFA means we have to spruce up our manufacturing sector fast.

India won't back WTO protocol unless food subsidy concerns addressed
Economy

India won't back WTO protocol unless food subsidy concerns addressed

India will not support a trade protocol ahead of a July 31 deadline unless concerns about its food subsidies are met, two senior government officials said on Wednesday, a position that threatens to derail a landmark global trade deal. <br />

Need to improve investor sentiment, CAD will come under control: Rajan
Business

Need to improve investor sentiment, CAD will come under control: Rajan

The RBI is confident of India's Current Account Deficit (CAD) coming under control and of the country's trade numbers being healthy this month, Reserve Bank of India Governor Raghuram Rajan said in an interview with CNBC-TV18 today.

Budget 2013 math is going out of the window already
Economy

Budget 2013 math is going out of the window already

The subsidy bill is beginning to look very suspicious. The fertiliser minister has already said this year's subsidies are out of alignment with requirements

Why the diesel hike will not even dent the fiscal deficit
Economy

Why the diesel hike will not even dent the fiscal deficit

Despite the diesel price hike, the subsidy burden in the budget is not going to come under control. Without further steps, there is no fiscal nirvana

Budget 2012 must merge NREGA with Food security to cut subsidy
Economy

Budget 2012 must merge NREGA with Food security to cut subsidy

Economists are keeping their fingers crossed on what lies ahead. But their prescriptions are clear: fiscal consolidation, energy pricing reforms, and rationalisation of subsidies.