Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government's 2014-15 Budget Focuses on Subsidy Cuts: Food and Petroleum Reduced, Direct Transfers via Aadhar Planned.</h1> The Union Government's interim budget for 2014-15 allocated significant funds for major subsidies: Rs. 67,970.30 crore for fertilizer, Rs. 115,000 crore for food, Rs. 63,426.95 crore for petroleum, Rs. 8,462.88 crore for interest, and Rs. 847.49 crore for other subsidies. Compared to the 2013-14 revised estimates, there is a reduction in food and petroleum subsidies. The government aims to reduce central subsidy expenditure while supporting marginalized communities. Diesel prices have been deregulated incrementally to lessen petroleum subsidy burdens. Efforts are underway to optimize food subsidy administration and rationalize fertilizer subsidies, with plans for direct subsidy transfers via the Aadhar platform.