Subsidy bill in FY25 Budget seen at Rs 3.81 lakh crore, down 8%
Thu, Feb 1, 2024 2:11 PM

Subsidy bill in FY25 Budget seen at Rs 3.81 lakh crore, down 8%

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The Indian government's Interim Budget for 2024-25 estimates Rs 3.81 lakh crore to be spent on major subsidies, with food subsidy accounting for 54%. The entire food subsidy bill will go towards the Pradhan Mantri Garib Kalyan Anna Yojana. Fertiliser subsidy is projected to decrease to Rs 1.64 lakh crore, while the revised estimate for petroleum subsidy is Rs 11,925 crore.

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