Responding to Delhi's Lieutenant Governor VK Saxena releasing a note proposing changes in the power subsidy policy in the national capital, the Delhi government on Monday stated that the subsidy will not be curtailed and will continue as it is for all the people in the city.
The central government on Monday sought approval from Parliament on Monday for the second batch of Supplementary Demands for Grants worth Rs 2.7 lakh crore for the financial year 2022- 23.
"The Constitution Bench of the Supreme Court has clearly ruled that the LG has not been entrusted with any decision-making powers on transferred subjects, which includes electricity," a statement from the AAP said.
In the letter to Union Minister Piyush Goyal, State Food Supplies, Consumer Welfare, and Co-operation Minister Atanu Sabyasachi Nayak said requested his intervention to release the pending subsidy due to the state and release of provisional subsidy and advance subsidy.
Chouhan said, "Congress party and Kamal Nath lie. Many false promises were made in the promissory note during 2018 assembly elections. Nath came to power to fulfill the promises but he did not fulfill any."
In an attempt to boost the food processing sector in the state, the Uttar Pradesh government headed by Chief Minister Yogi Adityanath has decided to provide upto 50 per cent subsidy to interested investors, according to a government statement.
Meanwhile, Pakistan is contesting the fiscal gap in achieving the primary deficit. Pakistani authorities have asked the IMF for incorporating flow of reduction under the revised Circular Debt Management Plan (CDMP) and reduced the amount of required additional subsidy of Rs 605 billion again
The ruling Biju Janta Dal on Friday demanded to restart of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the interests of the household food security of the poor and the farmers.
The Centre gave subsidies of Rs 59,837 crore on passenger tickets in 2019-20, which comes to an average concession of around 53 per cent for every person travelling, informed Union Railways Minister Ashwini Vaishnaw on Friday in Rajya Sabha.
Sitharaman noted that the world has recognised the Indian economy as a 'bright star' which is expected to grow in the current year at seven per cent - the highest among all the major economies.
Subsidies on fertiliser and food for 2023-24 (April-March) have been reduced by 22 per cent and 31 per cent each in comparison to the revised budget estimates for the current financial year ending March 2023.