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The Economic Times

Global Business / The Economic Times

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Budget 2026 trims food, fertiliser and fuel subsidy outgo by 4.47% in FY27

The government's annual subsidy expenditure on food, fertilizer, and fuel is projected to decrease by 4.47% to Rs 4,10,495 crore in FY27. This reduction is driven by lower estimates for food, fertilizer, and petroleum subsidies, with the Pradhan Mantri Garib Kalyan Anna Yojana remaining a significant allocation for food support.

1 Feb 2026 2:39 pm