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Govt aims to eliminate subsidy on LPG by March 2018
India will aim to eliminate subsidy on LPG by March 2018, the government said in its mid-year expenditure framework tabled in Parliament on Thursday.
New Delhi: India will aim to eliminate subsidy on LPG by March 2018, the government said in its mid-year expenditure framework tabled in Parliament on Thursday.
Government has also projected petroleum subsidy at Rs 18,000 crore for FY19 and Rs 10,000 crore for FY20; while fertiliser subsidy seen at Rs 70,000 crore each in FY19, FY20.
Food subsidy has been aimed at Rs 1.75 lakh crore for FY19 and Rs 2 lakh crore for FY20.
Govt revenue expenditure in FY20 seen at Rs 22.06 lakh crore and Rs 1.99 lakh crore for FY19.