The inflation allowance will also provide food, electricity, and water subsidies
Subsidy
Latest in Subsidy
Brent
Saudi’s $80 oil goal is eating into Modi’s budget ahead of polls
Modi’s government made the most of cheap oil by substituting any fall in prices with taxes that kept retail fuel rates unchanged for consumers and boosted the federal revenue
petrolprices
Saudi fuel subsidies could be phased out in November
Sources say Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest
Aviation
UAE Etihad disappointed with American decision
Airline calls the move anti-competitive and anti-consumer
Akbar Al Baker
American-Qatar air clash escalates as CEO is forced to apologise
Labor unions called Al Baker’s remarks “both sexist and ageist”
