Food subsidy for 2014/15 seen at 1.15 trl rupees

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Reuters NEW DELHI
Last Updated : Feb 17 2014 | 2:07 PM IST

NEW DELHI (Reuters) - Finance Minister P. Chidambaram forecast that India's total spending on food subsidies will be at least 1.15 trillion rupees in 2014/15.

He estimated combined food, fertiliser and fuel subsidies at 2.5 trillion rupees in 2014/15.

Chidambaram was presenting an interim budget to tide public finances over until a new government is formed after elections due by May.

(Reporting by Mayank Bhardwaj, Editing by Angus MacSwan)

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First Published: Feb 17 2014 | 1:55 PM IST

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