GENERAL BUDGET 2012-13 Unviable, Ineffective Subsidies may be Revisited; Central Subsidies to be Brought Down to 1.75 Per Cent of GDP in three Years Fertilizer Management System to Roll Out this Year Aadhaar- Enabled Payments in Over 50 Districts in Six Months.

GENERAL BUDGET 2012-13 Unviable, Ineffective Subsidies may be Revisited; Central Subsidies to be Brought Down to 1.75 Per Cent of GDP in three Years Fertilizer Management System to Roll Out this Year Aadhaar- Enabled Payments in Over 50 Districts in Six Months. https://www.taxtmi.com/news?id=2874 The Budget pledges full provision for Food Security Act subsidies while proposing revision of other subsidies that are unviable or poorly targeted, and sets a medium term objective to reduce central subsidy burden. Implementation measures include a mobile Fertilizer Management System for end to end tracking, phased direct transfer of subsidies to retailers and farmers, accelerated Aadhaar enabled payments rollout for scheme disbursements, and pilot projects for direct bank reimbursement of LPG and kerosene subsidies alongside Aadhaar validation of PDS ration cards. en-us Fri, 16 Mar 2012 13:05:54 +0530 Fri, 16 Mar 2012 13:09:00 +0530 TaxTMI RSS Generator GENERAL BUDGET 2012-13 Unviable, Ineffective Subsidies may be Revisited; Central Subsidies to be Brought Down to 1.75 Per Cent of GDP in three Years Fertilizer Management System to Roll Out this Year Aadhaar- Enabled Payments in Over 50 Districts in Six Months. https://www.taxtmi.com/news?id=2874 The Budget pledges full provision for Food Security Act subsidies while proposing revision of other subsidies that are unviable or poorly targeted, and sets a medium term objective to reduce central subsidy burden. Implementation measures include a mobile Fertilizer Management System for end to end tracking, phased direct transfer of subsidies to retailers and farmers, accelerated Aadhaar enabled payments rollout for scheme disbursements, and pilot projects for direct bank reimbursement of LPG and kerosene subsidies alongside Aadhaar validation of PDS ration cards. News - Fri, 16 Mar 2012 13:05:54 +0530 https://www.taxtmi.com/news?id=2874