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Subsidy

Mar 29, 2015 at 17:47 | Source: PTI
Government expects that about one crore well off consumers will surrender the subsidy on cooking gas after Prime Minister Narendra Modi's appeal to people not to take subsidy if they can afford to buy LPG at market price.
Mar 27, 2015 at 19:14 | Source: CNBC-TV18
Oil Minister Dharmendra Pradhan said that the Centre will take a call on the subsidy sharing mechanism shortly after taking into account the interests of oil companies and the exchequer.
Mar 27, 2015 at 19:13 | Source: PTI
The upstream subsidy contribution is by way of discount on crude oil they sell to refineries. With international oil prices almost halving to USD 50 per barrel, providing the subsidy discounts would have meant they got rates way below their cost of production.
Mar 27, 2015 at 15:14 | Source: PTI
As many as 2.80 lakh people has responded positively...and this will lead to a saving of at least Rs 100 crore. This Rs 100 crore can be utilised for the welfare of poor", Modi said while speaking at the 'Urja Sangam' here.
Mar 27, 2015 at 12:17 | Source: Reuters
India regulates retail prices of liquefied petroleum gas and kerosene to keep prices under check, with producers like ONGC and Oil India selling crude and related products to fuel retailers at a hefty discount to partly compensate for the losses.
Mar 27, 2015 at 11:29 | Source: Moneycontrol.com
Modi said around 12 crore subsidized users of LPG have started getting cash transfers within 100 days of joining the Direct Benefits Transfer (DBT) schem
Mar 27, 2015 at 11:07 | Source: PTI
Thirty-one power stations with a combined capacity of 14,305 megawatt, which are languishing for want of gas, can bid support from the Power System Development Fund (PSDF) for generating 30 percent of their installed capacity, called plant load factor or efficiency, with imported liquefied natural gas (LNG).
Mar 24, 2015 at 22:02 | Source: CNBC-TV18
According to sources, the government may be looking at a longer-term subsidy sharing formula for FY16 along with probable actions in terms of Q4 payments.
Mar 24, 2015 at 15:52 | Source: CNBC-TV18
The oil ministry is hopeful that whatever the finance ministry is going to communicate in a day or two will not just entail a decision for Q4 of this fiscal but also the road ahead and what the subsidy sharing mechanism could be in FY16, but obviously only north block decides on a new formula for the next fiscal.
Mar 24, 2015 at 15:36 | Source: Moneycontrol.com
"With diesel/ gasoline prices now adjusting to international levels every fortnight and direct transfer of subsidy to LPG consumers kicking in, we continue to see better cash flows and returns among OMCs," a Goldman Sachs report says.
Messages on Subsidy »

vicky_er

New Member

0 Follower

Budget  

sir, Pl. regularise the decision of interest subsidy on education loan taken before 2009 .

3.16 PM Jul 8th 2014

mostintelli
gent

Gold Member

48 Followers

ONGC  

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 2014

la4440

Platinum Member

188 Followers

Moser Baer  

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 2014

crower

Platinum Member

792 Followers

Shree Renuka  

I am very positive with sugar sector , the rally in bajaj hind has stopped because govt is planning to withdraw the export subsidy

12.03 PM Jul 8th 2014

crower

Platinum Member

792 Followers

Bajaj Hind  

dear pavan ,govt has to decide they will provide export subsidy after sep or not , i think we can listen in budget about ethanol mixing with petrol to 10 percent .

11.59 AM Jul 8th 2014

R Jagannathan

Platinum Member

1231 Followers

Politics  

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 2014

R Jagannathan

Platinum Member

1231 Followers

Budget  

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 2014

invest_long

Platinum Member

28 Followers

Politics  

The move is quite consistent with duty exemption on sachin`s ferrari by NDA-1 !!! These ppl are really eligible for subsidy !!!

10.42 AM Jul 8th 2014

nicknamecha
nged6981

Platinum Member

49 Followers

Rei Agro  

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 2014

Web Messenger

Platinum Member

277797 Followers

News Now  

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 2014

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