Tag: food subsidy

2024 Interim Budget | Fertilizer subsidy set to decline, food subsidy sees increase

February 1, 2024 admin

A farmer sprays fertiliser on his field in Vemulapally village near Miryalguda, Nalgonda District. File | Photo Credit: Nagara Gopal The Centre has decreased fertiliser subsidies, apparently hoping that the improving situation in Ukraine and increased domestic production will help in managing the situation. The Fertilisers and Chemicals Ministry has been claiming that the increase…

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India may earmark $48 bln for next year’s food, fertiliser subsidies

January 17, 2024 admin

A farmer spreads fertiliser on his field in Satara district, Maharastra. File | Photo Credit: Reuters India may earmark about $48 billion for food and fertiliser subsidies for the next fiscal year, two government sources said, indicating fiscal caution ahead of this year’s general election. Food and fertiliser subsidies account for about one-ninth of India’s…

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A Budget without a vision for agriculture

February 1, 2023 admin

A farmer spreads fertilizer in a field, at a village in Madurai. | Photo Credit: PTI Globally, there is a twin crisis in agriculture: in food and in fertilizers. On the one hand, there are fears of a fall in the global production and availability of food. The rise in food inflation has been an…

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Budget 2023 | Changes in allocation for key schemes including MGNREGS, PM-Kisan, Ayushman Bharat

February 1, 2023 admin

Finance Minister Nirmala Sitharaman on Wednesday, February 1, presented the last full budget of the Narendra Modi government before the 2024 general elections. The Minister announced a range of new initiatives, revised income tax slabs and customs duty, and sops for agriculture and energy transition. The Union Budget 2023-24 document also listed the new allocations…

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