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Subsidies on Commodities

News and Press Release - Dated:- 9-3-2016 - The subsidy bill of the Central Government has remained in the range of ₹ 2.50 lakh crore to ₹ 2.58 lakh crore during the period, 2014-15 to 2016-17 (Budget Estimates). The fiscal deficit of the Central Government, which is the difference between total expenditure and non-debt receipts, has been in the range of ₹ 5.11 lakh crore to ₹ 5.35 lakh crore in this period. As proportion of GDP, both subsidy bill and fiscal deficit decli .....

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