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The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
In the United States, the federal government has paid US$145 billion for energy subsidies to support R&D for nuclear power ($85 billion) and fossil fuels ($60 billion) from 1950 to 2016. During this same timeframe, renewable energy technologies received a total of US $34 billion.
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
WASHINGTON (Reuters) -The U.S. Commerce Department said on Monday it would award Taiwan Semiconductor Manufacturing Co's (TSMC) U.S. unit a $6.6 billion subsidy for advanced semiconductor ...
Deen Dayal Upadhyaya Antyodaya Yojana or DDUAY is one of the Government of India scheme for helping the poor by providing skill training. It replaces Aajeevik. The Government of India has provisioned ₹ 500 crore (US$58 million) for the scheme. The objective of the scheme is to train 0.5 million people in urban areas per annum from 2016.
One of the sources said it would be the third largest of the program, just behind Taiwan's TSMC, which was awarded $6.6 billion on Monday and agreed to expand its investment by $25 billion to $65 ...
Drawing on the most recent estimates, annual central government subsidies to farmers would be of the order of ₹ 120,500 crore (equivalent to ₹ 1.4 trillion or US$16 billion in 2023) as the sum of fertilizer subsidies (₹ 70,000 crore (equivalent to ₹ 820 billion or US$9.5 billion in 2023), 2017/18), credit subsidies (₹ 20,000 crore ...
Congress passed the law in 2022 to boost domestic semiconductor chip production with more than $52 billion in funding and tax credits for manufacturing, as well as research subsidies.