Subsidies

Energy subsidy reform in action: approaches and insights from recent research on energy subsidy reform

This report summarizes the findings of a review aimed at understanding emerging approaches to energy subsidy reform, discerning trends, and identifying major strands of thinking and research in the field, as reflected in major policy and academic journals relevant to the subject. The review was initiated in early 2020 as …

To stop destruction of forests and increase green cover Maharashtra launches campaign to rope in villagers

To stop the destruction of forests and increase its green cover to 33% as laid down in the national policy, the state forests department has launched a campaign to rope in villagers to voluntarily enable regeneration of forests. It has distributed subsidised LPG cylinders and grants for biogas plants and …

Not enough for food, fertiliser, fuel

The expenditure on subsidies for food, fertiliser and fuel for 2014-15 is budgeted at Rs 2,46,397 crore, as against Rs 2,45,452 crore in the revised estimates The biggest mystery on the day of the interim Budget had to do with the rollovers for the next financial year on the subsidy …

Govt pegs subsidy bill marginally higher at Rs 2,46,397 cr

Increases food subsidy by a whopping Rs 23,000 crore As government seeks to roll out the food law, Finance Minister P Chidambaram today sought to raise total subsidies on fuel, food and fertilisers to over Rs 2.46 lakh crore in the 2014-15 fiscal. Government has increased the food subsidy by …

Limit subsidy for power plants to APM gas usage: Power ministry

The power ministry has proposed that planned subsidy for gas-based power plants be restricted to administered price mechanism (APM) gas. This means if a power plant opts for other sources, such as non-APM gas and imported R-LNG, along with APM gas, the monetary benefits to the discom buying power would …

Interim Budget 2014-15: Full text of speech by P Chidambaram, Minister Of Finance

Interim Budget 2014-2015 - Speech of P. Chidambaram. In the speect he stated that "The Global Risks 2014 report has mapped 31 global risks. Of highest concern are ten risks that include fiscal crisis, structurally high unemployment or underemployment, income disparity, governance failure, food crisis, and political and social instability. …

Solar sourcing norms are WTO compliant: Govt

Responding to the United States’ fresh challenge over local-buying provisions in India’s national solar programme, New Delhi has said that its policy was compliant with World Trade Organisation rules. “Our current policy is WTO compliant. We will participate in the discussions sought by the US,” said Commerce Secretary Rajeev Kher …

Industrial and Investment Policy of Assam, 2014

The Assam government announced the Industrial and Investment Policy of Assam, 2014, a new industrial policy that would come into effect in the state from March 1. The new policy would be in place for a period of five years and has identified promotion of micro, small and medium enterprise …

Solar subsidies: US to turn the heat on India at WTO

The United States plans to take India to the World Trade Organization (WTO) over subsidies New Delhi gives to its solar power industry, an Indian government source said on Monday, a step that could further strain relations between the countries. At the time of going to press, US Trade Representative …

Ministry proposes Rs. 6,000-crore subsidy for gas-based power plants

The Power Ministry has moved a note before the Cabinet Committee on Economic Affairs (CCEA) with a proposal for a Rs. 6,000-crore subsidy for distribution companies and a financial restructuring package to improve the viability and utilisation of stranded gas-based power projects across the country. The subsidy component would compensate …

U.S. to act against India over solar subsidies - source

NEW DELHI (Reuters) - The United States plans to take India to the World Trade Organisation over the subsidies it gives to its solar power industry, an Indian government source said on Monday, a step that could further strain relations between the countries. There was no immediate comment from U.S. …

A burning question

This refers to Sunita Narain's column "The politics of particles" (Down to Earth, February 10). The government should take steps to provide LPG in rural areas at subsidised rates. The rural population should also be made aware of the side effects of burning biomass for cooking through the media because …

The politics of particles

Chulhas - cook stoves of poor women who collect sticks, twigs, leaves and every other biomass material they can find to cook meals - are today at the centre of failing international action. The concern is that women are breathing toxic emissions from the stove and that these same emissions …

Canada oil sands to help slash India’s energy bill

The country's efforts to cut down on its ever-increasing oil import bill could get a significant boost as cheaper Canadian crude from its Alberta oil sands bounty will reach Indian shores in large quantities four years from now. Incipient crude production at the land-locked sites are at a very low …

Finance Ministry rejects subsidy cushion proposal for power projects

Struggle to keep 25000 MW of gas-based power capacity alive The Finance Ministry has rejected the Power Ministry’s proposal for a nearly Rs.25,000-crore subsidy cushion and instead asked it to work on gas price pooling and pass on the tariff to distribution companies (discoms) or consumers. The Finance Ministry’s move …

Spain prepares curbs for renewable energy subsidies

Spain plans to set the return earned by renewable energy at 7.4 per cent, moving to curb subsidies to an industry that got 50 billion euros ($77 billion) in the past decade, according to draft rules seen by Bloomberg News. The rate on investment for clean-power plants was based on …

Gujarat, Centre spar over 11/day poverty line

Plan Panel’s Definition To Blame: State New Delhi: Congress and BJP on Monday squabbled over the criterion used by the Narendra Modi government in Gujarat to define the poor. Latching on to a December 2013 circular on the Gujarat government’s website which said only those with daily earning of less …

India energy subsidy review: a biannual survey of energy subsidy policies

This is the first edition of the India Energy Subsidy Review, a biannual publication of the IISD’s Global Subsidies Initiative. Part One outlines economic and policy developments affecting India’s subsidized key fuel markets (diesel, liquefied petroleum gas, kerosene and natural gas), and analyses the dynamics of each market. Part Two …

National Power Tariff and Subsidy Policy guidelines 2014: Government of Pakistan

Power sector reform in the country is witnessing a progressive tariff rationalization process. As the power sector requires a significant amount of resources to meet current and future customer demand, its ability to attract commercial capital needs to be ensured through relevant policy and regulatory actions. It is in this …

From poverty to empowerment: India’s imperative for jobs, growth, and effective basic services

India has made encouraging progress by halving its official poverty rate, from 45 percent of the population in 1994 to 22 percent in 2012. This is an achievement to be celebrated—yet it also gives the nation an opportunity to set higher aspirations. While the official poverty line counts only those …

EU power liberalization jars with green targets: study

Europe's attempt to combine an ambitious climate policy with the liberalization of electricity markets has largely failed, and the continent needs to rethink its subsidies for renewable energy, a French government study said. The study, based on reports by leading European energy academics, said Europe must decide on the trade-offs …

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