He exhorted exporters and the industry as a whole to target $1 trillion worth of shipments
1 min read3 Oct 2020Rationalization of subsidies such as on food allowances could be a key tool for expanding fiscal headroom, people familiar with the matter saidThe government had budgeted ₹1.84 trillion for food subsidies in the year to March, making up more than half of the nation’s ₹3 trillion subsidy bill
1 min read31 Jan 2020This particular form of aid for farmers is a special case and there are many reasons to rethink it
4 min read16 Dec 2019The WTO panel agreed with US claims challenging export subsidies granted in the form of exemptions from customs duties and a national tax, while rejecting some US argumentsThe panel called on India to withdraw the export-contingent subsidies within periods varying from 90 to 180 days
1 min read31 Oct 2019Wiping out market-creation losses typically involves reducing customer subsidies bit by bit and getting service partners to taken on some or all of the burden
1 min read15 Aug 2019A new research paints a mixed picture on the relative merits of Aadhaar-based biometric authentication in the PDSThe research highlight there can be several ways to authenticate beneficiaries in the public distribution system
1 min read2 Apr 2019Guatemala has sought consultations with India under the rules and procedures governing the settlement of disputes of the Geneva-based 164-member WTOGuatemala also said that it looks forward to receiving India's reply to the present request to fix a mutually convenient date for consultations
2 min read25 Mar 2019Brazil said it has decided to start a formal action at the WTO after failing to receive enough information from India following letters it sent to the Indian govt seeking clarifications on sugar policies
1 min read12 Dec 2018No new campaigner has either emerged in the Congress party or been showcased by it
2 min read28 Nov 2018GM, like other US automakers, has received substantial federal assistance over the years including a nearly $50 billion bailout in 2009
4 min read28 Nov 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared