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flag India to cut combined food, fertilizer, and fuel subsidies to ₹4.10 lakh crore in 2026-27.

flag India plans to reduce its combined food, fertiliser, and fuel subsidies to ₹4.10 lakh crore in fiscal year 2026-27, a 4.47% drop from the revised ₹4.29 lakh crore in 2025-26. flag Food subsidy is expected to fall slightly to ₹2.28 lakh crore, supported by the Pradhan Mantri Garib Kalyan Anna Yojana for 81 crore beneficiaries. flag Fertiliser subsidy will decline to ₹1.71 lakh crore, with urea and non-urea subsidies at ₹1.17 lakh crore and ₹54,000 crore, respectively. flag Petroleum subsidy is projected to drop to ₹12,085 crore from ₹15,121 crore, reflecting a broader trend of fiscal consolidation despite continued welfare support.

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