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Home News News and Press Release Month 3 2015 2015 (3) This

Subsidy Disbursed by The Government

14-3-2015
  • Contents

     The details of subsidy disbursed by the Government, Ministry-wise and scheme-wise is as under: 

 

Actuals

2012-13

Actuals

2013-14

Revised

2014-15

Budget

2015-16

Subsidies

257079

254632

266692

243811

Food

85000

92000

122676

124419

Fertilizers

65613

67339

70967

72969

Petroleum

96880

85378

60270

30000

Interest

7270

8137

11147

14903

Other

2316

1778

1632

1520

[source: Statement No. 4, Exp. Bud. Vol. I for the year 2014-15 & 2015-16)

The Government of India has deregulated the petrol and diesel prices, and has also launched a new universal Direct Benefit Transfer (DBT) Scheme for LPG from 1st January, 2015 onwards which covers both Aadhaar card and non-Aadhaar card holder in which the subsidy will be transferred directly into the bank accounts of cash-transfer-compliant customers in a manner that will avoid duplication and prevent leakages. The Government has also launched a dedicated scheme for end-to-end computerization of Public Distribution System (PDS) throughout the country. 11 States have already joined the National Food Security Act (NFSA) framework, and as the required systems are in place, the other States will follow suit. The Government has simultaneously launched a drive to ensure universal coverage of Aadhaar throughout the country. End-to-end computerization, combined with universal Aadhaar coverage will help improve the targeting efficiency of PDS system in the country.

This was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in written reply to a question in the Lok Sabha.

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