The Aam Aadmi Party (AAP) leader Saurabh Bhardwaj on Sunday raised concerns over Prime Minister Narendra Modi's promises to the women of Delhi, questioning why the committed financial aid of Rs 2,500 and subsidized LPG cylinders had not materialized.
The Karnataka government has reaffirmed that the subsidy for its flagship Gruha Jyothi scheme is being paid in advance to Electricity Supply Companies (ESCOMs), with no intention of collecting this amount from consumers, the Energy Ministry said in an official statement.
The food subsidy has been the largest component of the government's total subsidy expenditure so far in the financial year 2024-25, accounting for more than 50 per cent of the total amount disbursed.
A day after Canadian Prime Minister Justin Trudeau announced a 25 per cent retaliatory tariff in response to US tariffs imposed by President Donald Trump, Trump claimed that the United States subsidises Canada and suggested that the country would not be viable without American support.
The Union government will provide subsidy on artificial intelligence (AI) compute power for the next four years, as per Information and Broadcasting Minister Ashwini Vaishnaw.
The subsidy burden of the government is expected to rise to approximately Rs 4.1-4.2 lakh crore in the financial year 2024-25 (FY25) more than the budget estimates, according to a report by the Bank of Baroda.
India's electric mobility space is "absolutely ready to fly" and there is no need for newer incentives or subsidies, Commerce Minister Piyush Goyal said Friday, after a meeting with officials from various ministries and stakeholders of the Indian EV ecosystem.
The government should bring a Production Linked incentive (PLI) scheme for farmers instead of giving the fertilizer subsidy as this is hurting the farmers instead of benefiting them says Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission.
The central government's Production-Linked Incentive (PLI) schemes could generate an incremental revenue of USD 459 billion over the next 5-6 years across more than 720 companies, according to a report by Goldman Sachs.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has voluntarily given up the subsidy on all five electricity meters registered in his name. He submitted the required form to Himachal Pradesh State Electricity Board Chairman Sanjay Gupta and urged well-off individuals to follow suit.
Noting that the government is fully committed to furthering the welfare of farmers, Prime Minister Narendra Modi on Wednesday hailed the union cabinet's decision to continue Pradhan Mantri Fasal Bima Yojana and restructured weather-based Crop Insurance Scheme and extend the one-time speci