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Home News News and Press Release Month 5 2012 2012 (5) This

Subsidy Worth Rs. 2, 16, 297 Crore Payable in 2011-12

23-5-2012
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Press Information Bureau

Government of India

Ministry of Finance

22-May-2012 19:35 IST

Total subsidy payable in 2011-12 was estimated to Rs.2,16,297 crore in RE 2011-12 against Rs.57,125 crore incurred in 2006-2007, which was about 3.79 times of the expenditure incurred in 2006-2007.

The details of expenditure on subsidy in 2006-2007 and 2011-2012 (RE) are as follows:

(Rs. In crore)

Sr. No.

Details of Subsidy

2006-2007 (Actual)

2011-12 (RE)

1.

Food Subsidy

24014

72823

2.

Fertilizer Subsidy

26222

67199

3.

Petroleum Subsidy

2699

68481

4.

Other Subsidies

4190

7794

 

Total

57125

216297

This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Rajya Sabha today.

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