Project News Details
Title:
India's budget likely to raise major subsidies by 8% to $47 bln in next fiscal
Detail:
India plans to increase spending on food, fertiliser, and cooking gas subsidies by 8% to 4.1 trillion rupees ($47.41 billion) for the next fiscal year. This is intended to cover rising food and energy costs, especially with higher rice purchases and storage expenses. The allocations are part of efforts to sustain the recovering rural economy.
Country:
Source:
ET Energy World
Published Date:
21.01.2025
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