subsidies

No customs, VAT on non-subsidised cooking gas: Chidambaram


September 21st, 2012 - 3:32 pm ICT by IANS
New Delhi, Sep 21 (IANS) Finance Minister P. Chidambaram Friday said the government would remove customs, excise duty and value-added tax (VAT) from the sale of non-subsidised cooking gas.Talking to ... Read more...

Posted in Business |

Cabinet releases Rs.10,091 crore for crop loan subsidies


September 6th, 2012 - 10:11 pm ICT by IANS
New Delhi, Sep 6 (IANS) To ease the burden on farmers specially in drought-hit areas, the cabinet Thursday decided to release Rs.10,901 crore to banks as interest subvention for ... Read more...

Posted in Business |

Tractor sales to pick up from October: Escorts


September 5th, 2012 - 6:00 pm ICT by IANS
Kolkata, Sep 5 (IANS) Tractor sales, which have been flat for about six months due to a delayed monsoon, are expected to pick up from October following recent rains, agri-machinery ... Read more...

Posted in Business |

Cash-strapped Punjab scraps LTC for one year


August 31st, 2012 - 8:22 pm ICT by IANS
Chandigarh, Aug 31 (IANS) Faced with a financial crunch, the Punjab government Friday announced that all leave travel concession for its officers and staff was being withdrawn for one year."The ... Read more...

Posted in Politics |

India to soon unveil fiscal consolidation measures


August 6th, 2012 - 7:38 pm ICT by IANS
New Delhi, Aug 6 (IANS) The government will soon unveil measures to bring more discipline in spending and return to the path of fiscal consolidation, Finance Minister P. Chidambaram ... Read more...

Posted in Business |

India to soon get a film commission (Lead)


August 1st, 2012 - 8:53 pm ICT by IANS
New Delhi, Aug 1 (IANS) Inddia will soon get a film commission offering single window clearances to filmmakers to shoot in this country, Nirupama Kotru, director (Films) in the information ... Read more...

Posted in Entertainment |

India to get its film commission soon


August 1st, 2012 - 8:16 pm ICT by IANS
New Delhi, Aug 1 (IANS) The country will soon have a film commission offering a single window clearances to filmmakers to shoot in India, Nirupama Kotru, director, Information and Broadcasting ... Read more...

Posted in Entertainment |

Britain paid record $30 bn to EU in 2011


August 1st, 2012 - 8:06 pm ICT by IANS
London, Aug 1 (IANS) British taxpayers paid a record 19.2 billion pounds ($30 billion) to the European Union last year, The Sun reported WednesdayOfficial statistics reveal that the British payments ... Read more...

Posted in Business |

India to export 2 million tonnes of wheat


July 3rd, 2012 - 11:56 pm ICT by IANS
New Delhi, July 3 (IANS) Faced with a shortage of storage space, the Indian government Tuesday approved export of two million tonnes of wheat at a base price of $228 ... Read more...

Posted in Business |

China agriculture funding up


June 27th, 2012 - 5:58 pm ICT by IANS
Beijing, June 27 (IANS) China's funding in agriculture and rural projects rose to 1.05 trillion yuan (about $166 billion) in 2011, up 22.4 percent year-on-year, Finance Minister Xie Xuren said ... Read more...

Posted in Business |

Northeast states review region’s industrial progress


June 13th, 2012 - 9:15 pm ICT by IANS
Guwahati, June 13 (IANS) The North East Industrial and Investment Policy (NEIIP) group Wednesday began a two-day meet here with central government representatives for a review of the ... Read more...

Posted in Business |

Mexico enacts witness-protection law


June 9th, 2012 - 11:54 am ICT by IANS
Mexico City, June 9 (IANS/EFE) President Felipe Calderon signed into law a measure authorizing benefits - including new identities - for people who find themselves at risk due to their ... Read more...

Posted in World |

CII for reducing subsidies to two percent of GDP


June 5th, 2012 - 7:55 pm ICT by IANS
Hyderabad, June 5 (IANS) The Confederation of Indian Industry (CII) Tuesday backed the idea of containing subsidies to two percent of the Gross Domestic Product (GDP).The CII national council, which ... Read more...

Posted in Business |

Government to decide on diesel, LPG price hike Friday


May 24th, 2012 - 4:23 pm ICT by IANS
New Delhi, May 24 (IANS) An Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee will meet Friday to take a decision on raising prices of diesel ... Read more...

Posted in Business |

No Haj subsidy after 10 years, SC tells government (Lead)


May 8th, 2012 - 3:47 pm ICT by IANS
New Delhi, May 8 (IANS) The Supreme Court Tuesday directed the government to eliminate the subsidy for Haj pilgrims in the next 10 years.Coming out against the government policy of ... Read more...

Posted in Uncategorized |

Tea Board earmarks Rs.300 crore for small growers


April 28th, 2012 - 8:38 pm ICT by IANS
Guwahati, April 28 (IANS) The Tea Board of India has earmarked Rs.300 crore for the development of the country's small tea growers in the current financial year, its chairman M.G.V.K. ... Read more...

Posted in Business |

Chinese city to sell off 1,400 cars


April 14th, 2012 - 3:48 pm ICT by IANS
Beijing, April 14 (IANS) The local government of a city in eastern China will auction 1,400 cars used by government officials as part of a reform measure. The plan was ... Read more...

Posted in World |

‘Punjab will continue free power supply subsidy’


April 9th, 2012 - 11:20 pm ICT by IANS
Chandigarh, April 9 (IANS) Punjab Chief Minister Parkash Singh Badal Monday said that the state government was committed to continuing free power to the farmers and the weaker sections ... Read more...

Posted in Uncategorized |

CII concerned over power tariff hike in Andhra


April 3rd, 2012 - 1:15 am ICT by IANS
Hyderabad, April 2 (IANS) The Confederation of Indian Industry (CII) Monday voiced its concern over the steep hike in electricity tariff for industry in Andhra Pradesh.Suchitra Ella, chairperson, CII Andhra ... Read more...

Posted in Uncategorized |

Central government should arrange funds for food bill: Mamata


March 30th, 2012 - 12:57 am ICT by IANS
Kolkata, March 29 (IANS) West Bengal Chief Minister Mamata Banerjee Thursday said the central government should make monetary provisions for implementing the Food Bill.She also said the central government ... Read more...

Posted in Uncategorized |

Centre for rural financing institutions to come up in Mumbai


March 21st, 2012 - 8:40 pm ICT by IANS
Mumbai, March 21 (IANS) A Centre for Excellence for Rural Financial Institutions (CERFI) would come up here to help regional rural banks (RRBs) and cooperative banks and other rural financial ... Read more...

Posted in Sci-Tech |

Budget will fuel inflation: CPI-M


March 19th, 2012 - 6:53 pm ICT by IANS
New Delhi, March 19 (IANS) The union budget of 2012-13 will result in "all-round price rise and the imposition of greater burdens on the working people", the CPI-M said Monday."The ... Read more...

Posted in Business |

No option but to bite subsidy bullet, says Manmohan (Second Lead)


March 16th, 2012 - 5:49 pm ICT by IANS
New Delhi, March 16 (IANS) Backing the budget proposal for cutting subsidies to two percent of the GDP, Prime Minister Manmohan Singh said Friday that the government will have ... Read more...

Posted in Uncategorized |

We’ll have to bite subsidy bullet: Manmohan (Lead)


March 16th, 2012 - 4:11 pm ICT by IANS
New Delhi, March 16 (IANS) Backing the budget proposal for cutting subsidies to two percent of the GDP, Prime Minister Manmohan Singh said Friday that the government will ... Read more...

Posted in Business |

Budget aims at faster, inclusive growth: PM


March 16th, 2012 - 3:05 pm ICT by IANS
New Delhi, March 16 (IANS) Prime Minister Manmohan Singh Friday said the union budget for 2012-13 was aimed at faster, equitable, sustainable and more inclusive growth."Finance minister has been ... Read more...

Posted in Politics |

Budget highlights 3


March 16th, 2012 - 1:08 pm ICT by IANS
* From 2012-13, full subsidies for providing food security; in other sectors to the extent the economy can bear this.* Hope to raise Rs.30,000 crore from disinvestments.* New equity savings scheme ... Read more...

Posted in Business |

Economic Survey favours higher diesel prices


March 15th, 2012 - 8:03 pm ICT by IANS
New Delhi, March 15 (IANS) The Economic Survey for 2011-12 tabled by Finance Minister Pranab Mukherjee in parliament Thursday has recommended higher diesel prices, saying the subsidised ... Read more...

Posted in Uncategorized |

India to cut subsidies on non-urea fertilisers next fiscal


March 1st, 2012 - 9:25 pm ICT by IANS
New Delhi, March 1 (IANS) In a bid to control the widening fiscal deficit, the government Thursday said it will reduce subsidies on phosphate and potash-based fertilisers by over ... Read more...

Posted in Business |

Income tax scams rising in northeast


February 22nd, 2012 - 9:05 pm ICT by IANS
Guwahati, Feb 22 (IANS) The income tax department said Wednesday that there is an increase in the tax-return related scams of salaried employees in the northeast region.Chief Commissioner of Income ... Read more...

Posted in Business |

Chinese official jailed for 15 years for graft


February 20th, 2012 - 3:31 pm ICT by IANS
Beijing, Feb 20 (IANS) A senior city official in China's Hunan province has been sentenced to 15 years in prison for taking bribes worth about 2 million yuan (about$318,000) and ... Read more...

Posted in World |

China raises rice purchase prices


February 2nd, 2012 - 9:20 pm ICT by IANS
Beijing, Feb 2 (IANS) China Thursday announced plans to raise the minimum purchase prices for rice in 2012 to encourage farmers to grow more grains.It is the fifth consecutive yearly ... Read more...

Posted in Business |

Kerala to create 50,000 entrepreneurs


January 31st, 2012 - 6:12 pm ICT by IANS
Thiruvananthapuram, Jan 31 (IANS) The Kerala government will Thursday announce the names of 812 unemployed youths who will receive training under an ambitious Rs.2,500-crore scheme to create 50,000 entrepreneurs in ... Read more...

Posted in Business |

China restores 23,000 hectares of wetlands


January 24th, 2012 - 1:27 pm ICT by IANS
Beijing, Jan 24 (IANS) China will step up wetland protection and restoration efforts this year, having already restored 23,000 hectares of wetlands in 2011, the country's State Forestry Administration (SFA) ... Read more...

Posted in Environment |

Cubans flock to apply for new housing subsidy


January 18th, 2012 - 11:19 am ICT by IANS
Havana, Jan 18 (IANS/EFE) The Cuban government accepted more than 1,300 applications for subsidies to either repair or build homes on the first day the measure went into effect, official ... Read more...

Posted in Business |

Tax telecom sector more to recover fuel losses, Greenpeace urges


January 18th, 2012 - 1:13 am ICT by IANS
New Delhi, Jan 17 (IANS) Calling for a drastic change in the country's energy policies, Greenpeace Tuesday appealed to the government to levy additional taxes on the telecom service providers ... Read more...

Posted in Uncategorized |

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