India's food subsidy bill for 2011/12 rises over 50 per cent
Over 5% The expected fiscal deficit as a percentage of gross
domestic product during 2011/12 as against 4.6 per cent estimated in the
Budget
Rs 60K crore The original budgetary allocation for food subsidy during 2011/12
Rs 95.3K crore The actual subsidy bill for 2011/12 on account of higher payouts to FCI and states for foodgrain procurement
Rs 34.7K crore The net increase in the food subsidy bill due to record buying during agricultural year 2010/11 (July to June)
Over 5% The expected fiscal deficit as a percentage of gross domestic product during 2011/12 as against 4.6 per cent estimated in the Budget
Note: Figures have been rounded off
Rs 95.3K crore The actual subsidy bill for 2011/12 on account of higher payouts to FCI and states for foodgrain procurement
Rs 34.7K crore The net increase in the food subsidy bill due to record buying during agricultural year 2010/11 (July to June)
Over 5% The expected fiscal deficit as a percentage of gross domestic product during 2011/12 as against 4.6 per cent estimated in the Budget
Note: Figures have been rounded off
