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Food subsidy accounts for over 50% of total Govt subsidy so far in FY25
The Business Guardian
|February 16, 2025
The food subsidy has been the largest component of the government's total subsidy expenditure so far in the financial year 2024-25, accounting for more than 50 per cent of the total amount disbursed.
According to a report by Bank of Baroda, the government spent Rs 3.07 lakh crore on subsidies during the first nine months of the financial year (April-December 2024). This is higher than the Rs 2.77 lakh crore spent in the same period last year but remains lower than the Rs 3.51 lakh crore spent in April-December 2022.
This story is from the February 16, 2025 edition of The Business Guardian.
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