Lok Sabha clears additional cash outgo of Rs 58,378 crore in current fiscal deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.
The fertiliser subsidy, which amounted to Rs 81,124.33 crore in 2019-20, shot up to Rs 127,921.74 crore in 2020-21, Rs 153,758.10 crore in 2021-22 and Rs 251,339.35 crore in 2022-23, while budgeted at Rs 175,099.92 crore for the current fiscal.
As per the first batch of supplementary demands for grants for 2023-24, tabled in the lower house of Parliament on December 6, the Union government is looking to spend an additional Rs 1.29 lakh crore this year
According to the latest fertiliser ministry data, the total subsidy during April-October was Rs 1.2 lakh crore, comprising Rs 79,660.35 crore on urea and Rs 43,315.28 crore on phosphorus (P) and potash (K)