q7, the rise from 380 levels was rapid despite BAD results, primarily because of much rumors, hypes and expectations about subsidy cut. That did not happen and any decision in this regard has been postponed till 30.09.2014. Once the balloon gets punctured it deflates.
2.12 PM Jul 8th
1) buying a hybrid or an electric car may soon fetch you a subsidy from the government, which is readying a Rs 14,000-crore scheme to push green vehicles. The subsidy will be a proportion of the difference between the price of a car running on fossil fuel and that of a green vehicle. 2 ) October
1.48 PM Jul 8th
of the equation – if Modi takes the risks and all the right tough decisions before the elections. Subsidies are cut, energy is deregulated, all of which results in a short-term inflation spike and growth taper. The latter is the inevitable immediate consequence of reform. In this event, Modi has a story to tell
11.25 AM Jul 8th
will be clearly defined. Second, subsidies: A key reason for high fiscal deficits is the uncontrolled growth in non-merit subsidies - mostly in the energy sector, but also in related areas like fertiliser and food. My colleagues in the fertiliser and food ministries will announce these changes in separate
11.22 AM Jul 8th
such as mechanization, high yield seeds and new irrigation technologies by Indian farmers. There is also a need for investing in knowledge and skill development of farming community which the Union Budget should provide for. There is a need to rationalize use of fertiliser subsidies. Precision agriculture seems
9.07 PM Jul 7th
Source:Calcutta Telegraph News - New Delhi, July 4: The government is looking at options to cut the oil subsidy bill, such as a one-time hike in kerosene and cooking gas prices or a phased monthly increase like diesel. “The ministry will put forward different options for the consideration
7.01 PM Jul 7th
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