INSUBCONTINENT EXCLUSIVE:
The food subsidy as on June-end was at Rs 94,406.16 crore, as against the the BE of Rs 1,84,220 crore.Major subsidies on food, fertilisers,
urea and petroleum have totalled Rs 1.51 lakh crore as of June-end 2019, touching 51 per cent of the Budget Estimates, up from 44 per cent
during same period of the last fiscal year.The Controller General of Accounts' (CGA) June figures show the actuals on these heads up to June
end 2019 totalled Rs 1,51,824.24 crore on the Budget Estimates (BE) of Rs 2,96,684 crore
On a corresponding period of the previous year (COPPY) basis, the amount was Rs 1,16,820.17 crore (44 per cent) of the BE, whereas the
current figures are 51 per cent of the BE.The food subsidy as on June-end grabbed a major chunk at Rs 94,406.16 crore, as against the the BE
of Rs 1,84,220 crore (51 per cent)
On a COPPY basis, it was Rs 88,266.74 crore (52 per cent of the BE of last fiscal year).Nutrient-based fertilisers subsidy touched Rs
9,606.18 crore (39 per cent of BE) as on June-end which was Rs 8,238.34 crore in the same period of last fiscal year (33 per cent)
to 39 per cent of the BE of Rs 50,154 crore
The same was Rs 8,590.96 crore in the same period of last fiscal year (19 per cent).The petroleum subsidy was Rs 28,328.91 crore for the
period in consideration which was 76 per cent of the BE of Rs 37,478 crore, while on a COPPY basis this was Rs 11,724.13 crore amounting to
just 47 per cent.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com
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