Monday, 17 February 2014

Current Affairs-Union Interim Budget 2014-15-Food, Fertilizer and Fuel Subsidies



Food, Fertilizer and Fuel Subsidies

Subsidies for food, fertilizer and fuel announced in the Interim Budget today for the coming financial year is slightly more than the revised estimates for 2013-14. The Finance Minister, Shri P. Chidambaram presenting the Budget in the Parliament today 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 commitment to implement the National Food Security Act throughout the country. 

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