Fin Min: Petroleum subsidy for FY17 projected at Rs. 32,000 Crore for FY18

The Food Subsidy for FY17 projected at Rs. 1.32 Lakh Crore & Rs. 1.41 Lakh Crore for FY18, according to Finance Ministry.

Finance Ministry said that the petroleum subsidy for FY17 projected at Rs. 32,000 crore & Rs. 34,000 Crore for FY18.

The Food Subsidy for FY17 projected at Rs. 1.32 Lakh Crore & Rs. 1.41 Lakh Crore for FY18, according to Finance Ministry.

The total spending in FY18 is likely to be Rs. 20.6 Lakh Crore.