Prøve GULL - Gratis
Food subsidy bill set to cross BE by ₹22,000 crore
Financial Express Chandigarh
|December 08, 2025
EXPENDITURE SEEN 11% HIGHER THAN BUDGET ESTIMATE
THE UNION GOVERNMENT'S food subsidy budget for FY26 is set to exceed the budget estimates (BE) of ₹2.03 lakh crore by over ₹22,000 crore due to the rising cost of holding surplus grains far in excess of what is needed for minimum support price (MSP) operations for paddy and wheat.
Sources said that FCI, through which over 70% subsidies are routed, has revised upward its projected expenditure from ₹1.43 lakh crore (BE) to ₹1.72 lakh crore for 2025-26 mainly because of surplus rice stocks which far exceeds the buffer.
The rest of the food subsidy is routed through those states who have opted for a decentralized procurement system.
Denne historien er fra December 08, 2025-utgaven av Financial Express Chandigarh.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Chandigarh
Financial Express Chandigarh
Digi payments: SBI & BoB get nod to set up intelligence arm
STATE BANK OF India (SBI) and Bank of Baroda (BoB) have received approval from the Reserve Bank of India (RBI) to form section-8 companies under the Companies Act, 2013 for digital payments intelligence platform called Indian Digital Payment Intelligence Corporation (IDPIC), lenders informed the exchanges on Wednesday.
1 min
December 11, 2025
Financial Express Chandigarh
Adani Enterprises’ ₹25K-cr rights issue oversubscribed
ADANI ENTERPRISES SAID on Wednesday its ₹25,000-crore rights issue was oversubscribed, marking the group's biggest capital raise since a short-seller's allegations roiled the ports-to-power conglomerate in 2023.
1 min
December 11, 2025
Financial Express Chandigarh
CPSE dividends reach 60% of FY26 target
GOVT FINANCES BOOSTER
1 mins
December 11, 2025
Financial Express Chandigarh
Fast adoption to define AI winners: Nadella
NADELLA SAID INDIA'S momentum was supported by a virtuous cycle created by public digital infrastructure, policy frameworks and a large domestic market.
1 min
December 11, 2025
Financial Express Chandigarh
State refiners lead in Russia oil deals; RIL halts purchases
FOUR OUT OF seven largest refiners in India are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as heavyweight Reliance Industries stays away.
2 mins
December 11, 2025
Financial Express Chandigarh
US court reverses $1-bn order against Byju Raveendran
A US BANKRUPTCY court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn - the parent firm of edtech platform Byju's.
1 min
December 11, 2025
Financial Express Chandigarh
Meesho closes up 53% after listing at 46% premium
STOCK PERFORMANCE
2 mins
December 11, 2025
Financial Express Chandigarh
Are you helpless? Delhi HC asks Centre
THE DELHI HIGH Court on Wednesday questioned the central government for not taking timely action to check the crisis caused by IndiGo flight cancellations and asked why the situation was allowed to precipitate, with lakhs of passengers stranded and other airlines charging hefty fares.
1 min
December 11, 2025
Financial Express Chandigarh
Amazon adds $35 bn to India cart
INVESTMENT TO ADVANCE AI-LED DIGITISATION, EXPORT GROWTH, JOB CREATION
1 min
December 11, 2025
Financial Express Chandigarh
India's offer best: USTR
THE US IS facing barriers in many markets for its agriculture commodities.
2 mins
December 11, 2025
Listen
Translate
Change font size