Press Trust of India | Monday August 3, 2015
The Finance Ministry will pay state-owned fuel retailers Rs 1,300 crore cash subsidy for kerosene for the first quarter ended June 30, but the same on LPG will be decided later.
India News | Press Trust of India | Wednesday July 29, 2015
It is wrong to label support given to farmers in emerging economies like India as subsidy and World Trade Organisation should come up with measures in aid of ending hunger and malnutrition, renowned agricultural scientist Prof MS Swaminathan said today.
India News | Press Trust of India | Monday July 27, 2015
The subsidised rates of food in Parliament canteens will continue, as a Parliamentary Committee today decided against raising the rates, saying it would affect Parliament employees mostly. Most lawmakers prefer to eat at their respective homes, only a minority of them eat in Parliament, said the Committee.
India News | Press Trust of India | Sunday July 26, 2015
Notwithstanding the controversy over subsidised food in Parliament canteen, no proposal to raise price is on the cards as the concerned committee insists that such a measure would only hit hard employees and representatives of the media.
India News | Press Trust of India | Friday July 24, 2015
Developing countries including India are making all efforts in the WTO for a positive outcome on the food security issue, parliament was informed on Friday.
Press Trust of India | Thursday July 23, 2015
An online petition signed by 78,000 people has appealed to parliamentarians to end the canteen subsidy.
India News | Reported by Rahul Shrivastava, Edited by Anindita Sanyal | Wednesday July 22, 2015
Mouthwatering food at dirt cheap prices in Parliament may soon be a thing of past. Following a huge controversy on the matter, Prime Minister Narendra Modi has asked his floor leaders to consult the opposition and take a call on scrapping the subsidy, sources told NDTV.
Press Trust of India | Tuesday July 21, 2015
MPs alone do not eat in Parliament canteen, said Speaker Sumitra Mahajan.
Press Trust of India | Monday July 20, 2015
Reliance Infrastructure-led Mumbai Metro One on Monday said it will seek metro operational subsidy from the state government to keep the fares low, even as the fare fixation committee has recommended its revision in the range of Rs 10 to Rs 110 for the over 11-km-long corridor.
Opinion | Jay Panda | Saturday July 18, 2015
Special privileges that have become so ubiquitous range from substantive to the frivolous. Politicians and bureaucrats do not have to stand in line for anything, live in heritage buildings, move around in cars with red beacons.
PTI | Friday July 17, 2015
A BJD leader and Lok Sabha MP demanded removal of food subsidy extended to the Parliamentarians in Parliament canteen.
India News | Press Trust of India | Thursday July 16, 2015
With subsidy arrears touching Rs 30,000 crore, the Fertiliser Association of India (FAI) today demanded timely payment of subsidy to manufacturers as well as simplification of procedures.
Thomson Reuters | Monday July 13, 2015
The government expects a subsidy burden of Rs 5000 crore-Rs 6000 crore ($788 million-$946 million) for state-run oil and gas producers this fiscal year if world oil prices stay at current levels, a senior Oil Ministry source said on Monday.
India News | Indo-Asian News Service | Sunday July 5, 2015
Under fire for gorging on cheap food at the Parliament House canteen, many lawmakers feel the subsidy being given can be done away with as it was only creating a "bad press".
Thursday June 25, 2015
Heeding to Prime Minister Narendra Modi's call, the Confederation of Indian Industry (CII) on Thursday appealed to its members to give up cooking gas subsidy.
India News | Press Trust of India | Tuesday June 23, 2015
Parliament canteens serving to Members of Parliament got a total subsidy of Rs 60.7 crore during last five years with items like 'puri sabji' being sold at 88 per cent subsidised rates, an RTI reply shows.
Thomson Reuters | Friday June 12, 2015
The government has saved Rs 10,000 crore subsidy outgo on cooking gas through a similar scheme, which it says has knocked off about 40 million illegal consumers from the system.
Friday June 5, 2015
The government has announced it will offer subsidy on diesel, power and seeds to farmers in case of deficient monsoon affecting crops.
India News | Press Trust of India | Friday June 5, 2015
The government today announced it will offer subsidy on diesel, power and seeds to farmers in case of deficient monsoon affecting crops.
Friday May 29, 2015
ONGC shares fell nearly 5 per cent in morning trade on Friday as investors reacted negatively to Q4 results, which were announced after stock markets shut on Thursday. In the March quarter, state-run explorer ONGC's net profit dropped by 20 per cent to Rs 3,935 crore, missing analysts' estimates averaging Rs 5,491 crore.
Thomson Reuters | Thursday May 28, 2015
For the June quarter, the oil ministry has set interim rules to exempt upstream state firms from giving any discounts on crude and refined fuels if global oil prices average up to $60 a barrel this quarter.
Reuters | Thursday May 28, 2015
FCC Chairman Tom Wheeler will roll out a plan on Thursday to his commissioners suggesting major changes to a $1.7 billion subsidy program, NYT reported.
Wednesday May 27, 2015
The company which is the largest private sector distributor of power serving 64.9 lakh consumers said its Mumbai Distribution recovered Rs 884 crore arrears in FY 2015 besides Rs 226 crore cross subsidy subcharge.
Thomson Reuters | Friday May 22, 2015
The government hopes to sell shares in ONGC and India Oil Corp. to raise about a third of its budget target for asset sales of $11 billion - and reduce its fiscal deficit to 3.9 per cent of GDP in the 2015/16 fiscal year.