Tag: subsidy
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Budget creates new Oil Industry Development Fund to cover LPG, fertiliser subsidy shortfall
The government has introduced a new Oil Industry Development Fund (OIDF) in the latest Budget to bridge the funding gap for LPG and fertiliser...
Budget 2025 | India earmarks ₹2.03 lakh cr for food subsidy
Government subsidies on food and fertilisers have been pegged at ₹3.71 lakh crore for 2025-26, marginally higher by 0.70% than the estimated outgo in...
Union Budget likely to raise subsidy spending by 8% to ₹4.1 lakh crore next fiscal
India is likely to raise spending on food, fertiliser, and cooking gas subsidies to ₹4.1 lakh crore ($47.41 billion) in the next fiscal year,...
