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EquityWireData Alert: Apr-Oct major subsidies outgo down 0.8% as spending gathers pace
Data Alert

Apr-Oct major subsidies outgo down 0.8% as spending gathers pace

This story was originally published at 10:33 IST on 29 November 2025
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Informist, Saturday, Nov. 29, 2025

 

NEW DELHI – The government's expenditure on major subsidies in the first seven months of 2025-26 (Apr-Mar) fell just 0.8% on year to INR 2.466 trillion, with subsidy outgo picking up pace in the last two months, data from the Controller General of Accounts released Friday showed. Expenditure on major subsidies in Apr-Oct accounted for 64% of the Budget target of INR 3.834 trillion for FY26.

 

The government's food subsidy bill was down 17% on year at INR 1.164 trillion in Apr-Oct as against INR 1.402 trillion spent in the corresponding period a year ago. Fertiliser subsidy, on the other hand, rose 20.4% on year to INR 1.233 trillion. 

 

For FY26, the government has pegged an expenditure on major subsidies at INR 3.83 trillion, compared with INR 3.88 trillion spent in FY25. 

 

The following table details major subsidies in Apr-Oct (in INR billion):

 

  Apr-Oct FY26 Apr-Oct FY25 Budget Estimate FY26 Year-on-year % change
Food 1,163.75 1,402.39 2,034.20 (-)17.0
Fertiliser 1,233.16 1024.46 1,678.87 20.4
Petroleum 68.85 59.85 121 15.0
Total 2,465.76 2,486.70 3,834.07 (-)0.8

 

End

 

Reported by Priyasmita Dutta

Edited by Tanima Banerjee

 

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