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The Union Cabinet, on Wednesday approved the proposal of the Department of Fertilisers for fixing the Nutrient Based Subsidy (NBS) rates for the Kharif season 2026 on phosphatic and potassic (P&K) fertilisers, according to an official statement.The subsidy will be applicable for the Kharif season from April 1, 2026 to September 30, 2026. The tentative…
NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning — subsidies will not flow to companies that treat India as a factory floor without building design muscle.Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on…
NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning: subsidies will not flow to companies that treat India as a factory floor without building design muscle. Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on…
NEW DELHI: Govt is likely to extend subsidies for electric two-wheelers under the PM e-Drive scheme until June, while subsidies for e-rickshaws may continue for two years or so. The scheme, initially notified in Sept 2024, is valid till March 31.“We are looking at extending the incentive for these two categories of electric vehicles. Since…
NEW DELHI: A parliamentary panel has recommended to the finance ministry to allocate funds for fertiliser subsidy at the budget estimate (BE) stage to ensure that allocations are as close as possible to actual requirements.The standing committee on fertiliser, in its report submitted in Parliament on Friday, said the practice of parking subsidies in subsequent…
The Indian Biogas Association (IBA) has proposed the creation of a Rs 10,000 crore fund to provide capital subsidy to the biogas industry in the Union Budget 2026, calling for higher fiscal support to accelerate investment, improve project viability and scale up green energy adoption, PTI reported.In its Budget recommendations, the industry body urged the…
Over 93% households benefitted from power subsidy in Dec 2025 NEW DELHI: More than nine out of 10 households in Delhi availed themselves of power subsidy benefits in Dec 2025, marking the widest reach of the free electricity scheme so far. Over 73% of the households did not have to pay any bill at all…
NEW DELHI: The Centre has decided to end the subsidy for electric three-wheelers after it met the target of 2.9 vehicles under PM e-Drive on Friday. In the three-wheeler segment, EV penetration is estimated at around 32%, which is in line with the target the Centre had set for itself, and is now leaving it…
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for the Rabi season 2025-26 on Phosphatic and Potassic (P&K) fertilisers.The decision was announced by Union minister Ashwini Vaishnaw at a cabinet press briefing held on Tuesday. The approved rates will be effective from October 1, 2025, to…
States’ expenditure on salaries, pensions, and interest payments has surged nearly 2.5 times over the past decade, highlighting the rising share of committed spending in state budgets, according to the latest report by the Comptroller and Auditor General of India (CAG).The report, State Finances 2022-23, shows that combined committed expenditure across 28 states rose to…
