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flag Indian government spends over 50% of subsidies on food, reaching Rs 3.07 lakh crore by December 2024.

flag Food subsidies make up over 50% of the Indian government's total subsidy spending in the financial year 2024-25, with expenditures reaching Rs 3.07 lakh crore by December 2024. flag Food subsidies increased to Rs 1.64 lakh crore, while fertilizer subsidies declined. flag The report also noted a decrease in non-debt capital receipts and a drop in Foreign Direct Investment inflows to USD 2.4 billion in November 2024.

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