Government’s subsidy outflow in 2011-12 was estimated to be Rs 216,297 crore as compared to Rs 57,125 crore in 2006-07. This represents an increase of Rs 1.59 lakh crore during the six year period. The increase has been on account of the rise in subsidies on food, fertiliser and petroleum.
Food subsidy bill that stood at Rs 24,014 crore in 2006-07 increased to Rs 72,823 crore in 2011-12. Fertiliser subsidy was up to Rs 67,199 crore from the earlier Rs 26,222 crore during the six year period.
Petroleum subsidy grew to a whopping Rs 68,481 crore in 2011-12, from a comparatively small Rs 2,699 crore in 2006-07, while other subsidies payout stood at Rs 7,794 crore in FY’12 from Rs 4,190 crore in FY’07.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: