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SUBSIDY OUTLAY
India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...- Ola Electric, Ather Energy shares jump up to 11% as Delhi govt approves new EV policy. What to expect?Shares of Ola Electric and Ather Energy surged up to 11% after the Delhi Cabinet approved the EV Policy 2.0 with a Rs 15,000 crore outlay. ...
- Delhi EV Policy 2026: New measures get Cabinet nod, govt to invest Rs 15,000 crore to boost green mobility; here's all you should knowDelhi EV Policy 2026: Delhi's Cabinet has greenlit an electric vehicle policy, set to launch by July 1, with a substantial Rs 15,000 crore ...
- States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
- Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
- B Capital leads SolarSquare’s $50-55 million round at $500 million valuationThe latest round comes about 18 months after SolarSquare raised $40 million in a funding round led by Lightspeed. That round had also seen ...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- PM rooftop solar scheme set for 7.5 million milestoneIndia's PM Surya Ghar Muft Bijli Yojana is set to reach over 7.5 million homes by year-end, with 4 million already benefiting. The scheme, ...
- India crosses 41 lakh household-mark under rooftop solar scheme, to touch 75 lakh in Dec: JoshiIndia is set to reach 75 lakh rooftop solar households by December under the PM Surya Ghar Muft Bijli Yojana, a significant jump from the c...
- India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
- Finmin pushes for wider local sourcing norm in incentive schemesThe move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure tha...
- Govt extends subsidy scheme for companies flagging merchant ships until FY31India's shipping ministry has extended a vital subsidy scheme for Indian companies flagging merchant ships. This initiative will now run un...
- From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
- China, India place strategic bets on clean energy out of favour in the WestChina and India are aggressively pursuing green hydrogen, investing billions to build massive production capacity. While China focuses on s...
- Finance Ministry nod sought to extend subsidies for electric two- and three-wheelersThe Ministry of Heavy Industries is seeking approval to continue subsidies for electric two- and three-wheelers. These subsidies are curren...
- Finance ministry rejects hike in food subsidy bill, pushes for open market grain salesThe finance ministry has rejected a proposal to increase the food subsidy outlay, citing a need for prudent spending. Instead, the Departme...
- Govt denies reports of FAME-II extension beyond March 31: OfficialsThe Indian government has clarified that it has not extended the FAME-II scheme beyond March 31. There were media reports suggesting a temp...
- How does the interim Budget connect to the bigger theme for investors?Budget time is an occasion for political rhetoric and every administration capitalizes on it to the hilt. As to be expected, much of the Bu...
- Additional Rs 1.45 lakh-cr budget for FCI is indicative estimate; food subsidy 'adequate' for procurement: GovtAn extra-budgetary provision of Rs 1.45 lakh crore made to state-run FCI in the Budget for 2023-24 fiscal is an "indicative outlay" of shor...
- BPL passengers get on gravy train, at lastWhat was a headache till last year has suddenly become a sign of the effective use of food subsidy and pro-public distribution.
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