Welcome Guest!
|
Members Log In
Close Panel
Home
About us
Ethanol
Cogeneration
Environmental
Statistics
Distillery
Sugar Price
Sugar Process
Contact us
News
Centre lifts subsidy on distribution of sugar via PDS, onus now on states
Date:
02 Feb 2017
Source:
The Business Standard
Reporter:
Jyoti Mukul & Sanjeeb Mukherjee
News ID:
6369
Pdf:
Nlink:
The Central government Wednesday quietly withdrew a Rs 4,500 crore
subsidy
that it gave to states for distribution of subsidised
sugar
through the public distribution system (PDS) which many said would from now onwards be the responsibility of the states. The allocation for 2017-18 under the head has been lowered to Rs 200 crore which is for
payment
of pending liabilities under the programme.
The word “subsidy”, in fact, found mention only once in the finance minister’s speech when he referred to credit linked
subsidy
for 1000 mini-labs to be set up by qualified local entrepreneurs called
Krishi Vigyan Kendras
for testing of soil samples and their nutrient level.
The overall
subsidy
burden on the government would go up marginally by 5 per cent in 2017-18.
Food
subsidy
is estimated to be about 8 per cent higher next year at Rs 145,338.60 crore.
While
fertiliser
subsidy
has been pegged at the last year’s level of Rs 70,000 crore, petroleum
subsidy
is expected to come down by Rs 2,532 crore, indicating that the government has not factored any increase in global petroleum prices. It is, in fact, reaping benefit of pricing reforms in the petroleum sector with
LPG
subsidy
showing around 14 per cent decline in 2017-18.
In the current year, the spending on Ujjwala Yojana of the government under which
LPG
connections are given to poor households has shot up by Rs 500 crore in the revised estimates from the budgeted Rs 2,000 crore indicating a good pick-up in the programme. The
subsidy
outgo on this account is expected to be Rs 2,500 crore next year.
Navigation
TV Interviews
Application Form For Associate Membership
Terms & Conditions (Associate Member)
ISMA President
Org. Structure
Associate Members(Regional Association)
Who Could be Member?
ISMA Committee
Past Presidents
New Developments
Publications
Acts & Orders
Landmark Cases
Forthcoming Events