Government spending on fuel subsidy in India was estimated to be over 122 billion Indian rupees in the financial year 2024, a drastic increase from previous year's figures. One of the reasons for the hike in fuel subsidy is considered to be the additional money granted to LPG cylinder subsidy for Pradhan Mantri Ujjwala Yojana beneficiaries for ensuring clean cooking fuel to rural and deprived households.
Spending on fuel subsidy in India from financial year 2015 to 2023, with estimates until 2025
(in billion Indian rupees)
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The Indian Express. (February 2, 2024). Spending on fuel subsidy in India from financial year 2015 to 2023, with estimates until 2025 (in billion Indian rupees) [Graph]. In Statista. Retrieved January 09, 2025, from https://www.statista.com/statistics/1457058/india-expenditure-on-fuel-subsidy-2025/
The Indian Express. "Spending on fuel subsidy in India from financial year 2015 to 2023, with estimates until 2025 (in billion Indian rupees)." Chart. February 2, 2024. Statista. Accessed January 09, 2025. https://www.statista.com/statistics/1457058/india-expenditure-on-fuel-subsidy-2025/
The Indian Express. (2024). Spending on fuel subsidy in India from financial year 2015 to 2023, with estimates until 2025 (in billion Indian rupees). Statista. Statista Inc.. Accessed: January 09, 2025. https://www.statista.com/statistics/1457058/india-expenditure-on-fuel-subsidy-2025/
The Indian Express. "Spending on Fuel Subsidy in India from Financial Year 2015 to 2023, with Estimates until 2025 (in Billion Indian Rupees)." Statista, Statista Inc., 2 Feb 2024, https://www.statista.com/statistics/1457058/india-expenditure-on-fuel-subsidy-2025/
The Indian Express, Spending on fuel subsidy in India from financial year 2015 to 2023, with estimates until 2025 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1457058/india-expenditure-on-fuel-subsidy-2025/ (last visited January 09, 2025)
Spending on fuel subsidy in India from financial year 2015 to 2023, with estimates until 2025 (in billion Indian rupees) [Graph], The Indian Express, February 2, 2024. [Online]. Available: https://www.statista.com/statistics/1457058/india-expenditure-on-fuel-subsidy-2025/
