2024 Ahoy! Will electoral freebies throw fiscal deficit into disarray?
A large number of welfare schemes (subsidies) were announced in 2023 in view of elections in heartland states. More may be expected ahead of the 2024 general elections
fertiliser subsidy
December 2023
March 2023
Govt seeks Parliament approval for ₹2.7 lakh cr additional spending in FY23
Almost 73% of this will go towards fertiliser subsidiary, defence pensions, transfers to Universal Service Obligation Fund and GST compensation
