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LATEST NEWS UPDATES | Govt eyes $17 billion cut in food, fertiliser subsidies in 2023/24

LATEST NEWS UPDATES

Govt eyes $17 billion cut in food, fertiliser subsidies in 2023/24


January 4, 2023

-Reuters/ Business Today The government aims to cut spending on food and fertiliser subsidies to Rs 3.7 lakh crore ($44.6 billion) in the fiscal year from April, down 26% from this year, two government officials said, to rein in a fiscal deficit that ballooned during the...

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Could India’s new data protection bill force journalists to reveal their sources? -Aditi Agarwal
January 4, 2023

-Newslaundry The Government of India has removed exemptions for journalistic work from data protection obligations in the fourth iteration of the Digital Personal Data Protection Bill 2022. If this iteration is passed as law a story containing personal data may result in journalists having to prove...

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India Approves ₹197 Billion National Green Hydrogen Mission -Gautamee Hazarika
January 4, 2023

-Mercom India The Union Cabinet has approved the National Green Hydrogen Mission with an initial outlay of Rs.19,744 crore ($2.38 billion). The policy decision is meant to facilitate demand, production, utilization and export of green hydrogen. The largest portion of the outlay, Rs.17,490 crore, has been...

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Number Theory: Four key questions that will matter for the economy in 2023 -Pavitra Kanagaraj and Abhishek Jha
January 4, 2023

-Hindustan Times As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global? As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global? Here are four questions whose...

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India set to sign deals to secure fertiliser imports India -Zia Haq
January 4, 2023

-Hindustan Times Indian fertiliser and chemical companies have also accelerated investments in several mineral rich North African nations so as to hedge against price spirals and volatility. New Delhi: India is on the verge of signing long-term deals with several countries to secure fertilizer imports, critical for...

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