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Tag Archives: Subsidy

Well-off section should give up LPG subsidy: PM Modi

New Delhi, Mar 27 : Prime Minister Narendra Modi on Friday appealed to the well-to-do sections of Indian society to voluntarily give up LPG subsidy, so that the benefit of the same could be shared more widely with poorer sections of society. Delivering the inaugural address at the global energy summit – Urja Sangam-2015 – in New Delhi, the Prime ...

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Economic Survey 2014-15 : From Carbon Subsidy to Carbon Tax; India’s Green Actions

New Delhi, Feb 27 :Economic Survey 2014-15 tabled in Parliament acknowledges the green actions taken by India, including imposing significantly higher taxation of petroleum products and thereby re-energizing the renewable energy sector. India shifted from a carbon subsidization regime to one of significant carbon taxation regime, from a negative price to an implicit positive price on carbon emissions. India has ...

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