Data Alert
India Apr-Sept major subsidies spend up 4.0% YoY at INR 2.15 tln
This story was originally published at 18:35 IST on 30 October 2024
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NEW DELHI – The government's expenditure on major subsidies in Apr-Sept rose a marginal 4.0% on year to INR 2.147 trillion, data from the Controller General of Accounts showed. The government spent INR 2.064 trillion in the same period a year ago.
The expenditure accounted for 56% of the Budget estimate of INR 3.812 trillion for 2024-25 (Apr-Mar), compared with 55% in the same period of the previous financial year. The expenditure on fertiliser subsidy was down 18.8% on year at INR 895 billion in Apr-Sept.
The food subsidy bill in the first six months of FY25 was INR 1.214 trillion, up 27.6% on year. Petroleum subsidy grew over three times from the same period a year ago to INR 38 billion, but remained within the budgeted outlay of INR 119 billion.
The following table details major subsidies in Apr-Sept (in billion rupees):
| Apr-Sept 2024-25 | Apr-Sept 2023-24 | Budget Estimates | Year-on-year change | |
| Food | 1,214.37 | 951.49 | 2,052.50 | 27.6% |
| Fertiliser | 894.61 | 1,101.27 | 1640.00 | (-)18.8% |
| Petroleum | 37.61 | 11.19 | 119.25 | 236.1% |
| Total | 2,146.58 | 2,063.96 | 3,811.75 | 4.0% |
End
Reported by Shubham Rana
Edited by Vidhi Verma
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