Question : SUBSIDY GIVEN TO VARIOUS SECTOR



(a) the extent of subsidy provided to various sectors in the country during each of the last three years;

(b) whether this subsidy actually reached the people for whom it was meant;

(c) it so, the details in this regard; and.

(d) the extent of subsidy proposed to be given for various sectors during the year 2003-04;

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI ANANDRAO VITHOBA ADSUL):

(a) and (d) The extent of subsidy provided to various sectors during each of the last three years and Budget Estimates for the same during the current financial year is given below:

Major Subsidies of the Central Government


(Rs.crore)
2000-01 2001-02 2002-03 2003-04 (R.E.) (B.E.) A Major Subsidies 25860 30447 41774 48S30 1 Food subsidy 12060 17499 24200 27800 2 Indigenous 9480 8044 7499 7555 (Urea)fertilisers 3 Imported(Urea) 1 47 10 709 fertilisers 4 Sale ofdecontr- 4319 4504 3500 4456 olled fertilizers with concession to farmers 5 Petroleum subsidy - - 6265 8116 6 Grants to NAFED for - 353 300 294 MIS/PPS B Other Subsidies 978 760 2844 977 7 import/export of Sugar Edible Oils etc. 40 8 - - 8 Interest subsidies 111 210 765 179 9 Debt Relief to Farmers - - - - 10 Others Subsidies 827 542 2079 798 Total-Subsidies 26838 31207 44618 49907

(b) and (c) Budgetary subsidies are designed to achieve national objectives and are periodically evaluated for their impact. Based on the feed back, Policy corrections are made. The food subsidy has been targeted to Below Poverty Line (BPL) population. Fertiliser subsidies have been revamped on the suggestions of Expenditure Reforms Commission.