India braces for a Rs 50,000 crore rise in its subsidy bill for FY24
New Delhi: India‘s overall subsidy bill may surge by ₹50,000 crore this fiscal year because of increased expenditure on fertiliser, cooking gas and food security. The government expects to meet this higher spending from savings under other heads in its ₹45-lakh crore FY24 budget. Subsidy outgo for FY24 had been budgeted at ₹4.03 lakh crore, … Read more