-PTI New Delhi: Direct transfer of kerosene subsidy to the bank accounts of users will help in better targeting of the benefits to those who actually deserve it, the Finance Ministry said today. The government had last night said it will roll out the Direct Benefit Transfer (DBT) scheme for kerosene from April 1 where the users will buy the cooking fuel at market rate but will get financial support directly in...
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Direct transfer of kerosene subsidy -TCA Sharad Raghavan
-The Hindu In a big reform push, the Centre on Friday announced a scheme to implement direct benefit transfers for kerosene subsidies starting April 1, as is already being done for LPG users, by incentivising States to make the transition. Chhattisgarh, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Maharashtra, Punjab, and Rajasthan have already agreed to initiate the scheme in a few of their districts. Together, these States will implement DBT for kerosene...
More »Govt mulls universal health insurance -Dilasha Seth
-Business Standard The government is holding talks with states providing cashless health insurance, such as Karnataka, Tamil Nadu and Gujarat After providing life cover and accident cover, the government is now working on a universal health insurance plan. To begin with, it will provide a seamless solution to the existing cashless health schemes in states by integrating those with the Centre's direct benefits transfer (DBT) platform. Later, these would be scaled up. "Encouraged...
More »Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
More »No more LPG subsidy if you earn above Rs 10 lakh a year
-The Times of India NEW DELHI: There will be no subsidy for cooking gas cylinders if either the registered consumer, or his/her spouse have an annual taxable income of more than Rs 10 lakh, the oil ministry announced on Monday. The cap will come into effect from next month. To begin with, the new criteria will be applied on the basis of self-declaration at the time of booking a refill in keeping...
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