Data Alert
Apr-Aug major subsidies at INR 1.786 trillion, down 1.2% from year ago
This story was originally published at 21:10 IST on 30 September 2024
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NEW DELHI – The government's expenditure on major subsidies in Apr-Aug fell marginally on year to INR 1.786 trillion, data from the Controller General of Accounts showed. The government had spent INR 1.807 trillion in the same period a year ago.
The expenditure accounted for 47% of the Budget estimate of INR 3.812 trillion for 2024-25 (Apr-Mar), compared to 48% in the same period of the previous financial year.
The expenditure on fertiliser subsidy was down 37% on year at INR 611.699 billion in Apr-Aug. The food subsidy bill was INR 1.138 trillion, up 37.2% against Apr-Aug a year ago.
Petroleum subsidy grew almost fivefold from the same period a year ago, but the absolute number remained within the budgeted outlay of INR 119.250 billion.
The following table details major subsidies in Apr-Aug (in billion rupees):
| Apr-Aug 2024-25 | Apr-Aug 2023-24 | Budget Estimates | Year-on-year % change | |
| Food | 1137.907 | 829.220 | 2052.500 | 37.23 |
| Fertiliser | 611.699 | 970.800 | 1639.998 | -36.99 |
| Petroleum | 36.641 | 7.367 | 119.250 | 397.37 |
| Total | 1,786.247 | 1,807.387 | 3,811.748 | -1.17 |
End
Reported by Krity Ambey
Edited by Deepshikha Bhardwaj
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