In financial year 2023, about 0.03 percent of the GDP spent on fossil fuel subsidy. This figure was slightly higher compared to last year. Fossil fuel subsidies promote energy production through fossils and control the prices.
Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023
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MOSPI. (June 25, 2024). Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. "Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023." Chart. June 25, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. (2024). Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. "Fossil Fuel Subsidy per Unit of Gdp in India from Financial Year 2016 to 2023." Statista, Statista Inc., 25 Jun 2024, https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI, Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023 Statista, https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/ (last visited December 22, 2024)
Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023 [Graph], MOSPI, June 25, 2024. [Online]. Available: https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/