The bulk of subsidy
expense proposed for the next year or equal to almost 58pc of the total budgeted amount has been set aside for providing cheaper public transport, say the documents.
10 percent subsidy
will be given on all spices in Utility stores.
Over the last decade, Nigeria has spent over N9 trillion on fuel subsidy
, about N15.5 trillion on capital expenditure, N2.1 trillion on health and about N3.9 trillion on education.
He said, the subsidy
of Rs 200 to 500 per bag on DAP and NP fertilizers would help reduce cost of production of the crops besides increasing per acre yield.
given by the government to GOCCs aims to help them reduce their costs and support the growth of different sectors, among others.
The Council of Ministers had issued a decision to expand the base of eligible categories in the National Fuel Subsidy
System to include all citizens whose total monthly income is up to a maximum of RO950.
Muscat: The National Fuel Subsidy
System called all registrants who received text messages related to data confirmation to update their data to ensure that they continue to benefit of the subsidy
Solutions to accommodate rapid renewable expansion usually lead to two phenomena: one is the rapid growth of end consumer tariffs, such as in Germany, and the other is maintaining high subsidies, such as in China, but with a large subsidy
As per documents, a total of Rs134,000 million in subsidy
has been estimated for FY2018-19, while subsidy
to KESC is to stand at Rs15,400 million, and Rs6,000 million worth subsidy
for Utility Store Corporation (USC), Rs1,000 million subsidy
for PASSCO and Rs500 million subsidy
has been estimated for the National Food Security and Research (NFS and R) division.
In some cases, benefits of the subsidy
are exclusively given to economic agents belonging to a particular political constituency.
Later, it was decided that cash subsidy
on Urea fertilizer @Rs.