The central government is actively considering reducing its overall subsidy bill in 2022-23. The government is likely to keep food and fertilizer subsidies at Rs 2.60 lakh crore and Rs 90,000 crore, respectively, in its upcoming Budget 2022. This will be lower than the revised estimates for FY 2022. This has been estimated in a report released in this regard.
Budget to be presented on February 1
The total subsidy bill for the current fiscal is expected to be around Rs 5.35 to 5.45 lakh crore, which the government wants to reduce in the next fiscal, the report said. Significantly, the upcoming general budget will be presented on February 1, 2022. Union Finance Minister Nirmala Sitharaman will make budget announcements in Parliament at 11 am to give impetus to the economy affected by Corona. Assembly elections are going to be held in five states of the country soon after the general budget of this time. In such a situation, there is every possibility of this budget being popular.
Estimation of PM Garib Kalyan Anna Yojana
Quoting an official, the report said the revised estimates for the food subsidy bill for the current fiscal are expected to be around Rs 3.90 lakh crore, up from Rs 2.43 lakh crore made in the budget. But it is less than Rs 4.22 lakh crore of FY 2021. Apart from this, according to the report, the total cost of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) for the financial year 2022 is estimated to be Rs 1.47 lakh crore.
Weather Update Today: There will be drizzle with strong wind in Delhi-NCR today, warning of heavy rain in these states, know where the monsoon reached
The people of North India, including Delhi-NCR, which are scorching due to the scorching heat, are eagerly waiting for the arrival of the monsoon. The Meteorological Department has issued a fresh
New Guideline: 'Tobacco consumption means premature death' will now be written on the packet of cigarettes, the government has issued a new guideline
The Central Government has issued new instructions for the packaging of cigarettes and other tobacco-borne substances. According to the instructions issued by the Ministry of Health and Family
Delhi Car Accident: Girl's maternal uncle expressed apprehension about a Nirbhaya-like incident, mother said- something went wrong
A hair-raising incident came to light from Delhi's Sultanpuri police station area. Here, the speeding Baleno car driver, who was intoxicated with alcohol, first hit the girl riding a scooty. The
World Cup: 'Committed to winning the World Cup for the fans', Virat Kohli and Ravindra Jadeja told the team's goal
Veteran batsman Virat Kohli has said that he and his teammates are ready to give their best performance in the upcoming ODI World Cup to be held at home. He said that the team is committed to making
Toxic: The name of Yash's film came from the trolling of 'Animal', Rocky Bhai announced on the sting injury
Rocky Bhai aka actor Yash, who created a blast at the box office through 'KGF' and 'KGF 2', has become the favorite Pan India superstar. Fans are eagerly waiting for the actor's next film. Till now it
Festive Season: The market running with the double engine in the festive season, benefiting from online shopping
While offline business has become normal, the online modern retail business is showing tremendous growth. With the coordination of both, the market has now become free from the shadow of Corona.
Maharashtra: The matter of entry of transgenders in the police department will be heard in the High Court on November 30.
The Maharashtra Administrative Tribunal had directed the government to make a provision for transgenders in the application form for posts under the Home Department. But the Maharashtra government has
Changes From 1 June: These 5 big changes will happen from June 1 in many sectors including banking, insurance, and home loan, your pocket will be affected
There is continuous development in India and in this process of moving forward, the rules are also changing from time to time. Now many changes are going to happen in the country from June 1. These
Operation Kaveri: Indians who returned from Sudan said - the fighting is still going on there, returning home is like a miracle
Sudan's violent struggle for power between armed forces has reached a critical juncture. A 72-hour ceasefire between the conflicting army and paramilitary forces ends at midnight on Thursday.
Now BJP will reach beyond 100 in Rajya Sabha, AAP will also get a big advantage
The Bharatiya Janata Party (BJP) and the Aam Aadmi Party (AAP) are going to get benefits in the Rajya Sabha elections this year. Both the parties have scored massive victories in the latest round of
