EV lobby proposes ₹3,000 crore rehabilitation fund for OEMs
The total amount of subsidies withheld and still due to various electric two-wheeler OEMs amounted to over ₹1,200 crore, claims SMEV
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Debt burden will continue to rise in India: Moody's
Elevated commodity prices will keep spending on food and fuel subsidies high for economies like India, says Moody's Investors Service.
Is PLI helping India's manufacturing?
It may be early to judge, but long years of past subsidies have made little difference; manufacturing's GDP share is stuck at 17-18% for 16 years while employment share has fallen to 10.9% in FY21.
Subsidies spend has fallen: Economic Survey 2018-19
The Survey says that this is an outcome of “the decline in global crude prices, decontrol of prices, and better targeting through direct benefit transfer of subsidies”.
