Food, Fertilizer and Fuel Subsidies
Subsidies for food, fertilizer and fuel announced in the Interim Budget on 17 February for the coming financial year is slightly more than the revised estimates for 2013-14. The Finance Minister, P. Chidambram presenting the Budget in the Parliament on 17 February said Rs. 65,000 crores is provided for fuel subsidy. He said Rs. 115,000 crore has been allocated for food subsidy keeping in mind UPA Government’s firm and irrevocable committement to implement the National Food Security Act throughout the country.