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<p style="text-align:justify">The economic crisis in India&rsquo;s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over ₹81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at ₹71,309 crore and ₹79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at ₹1.28 lakh crore and ₹1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its ₹1.05 lakh crore budget provision for fertiliser subsidies by another ₹1.1 lakh crore, taking the outlay to a record ₹2.25 lakh crore. This number overshadows food subsidy, projected at ₹2.06 lakh crore, and the ₹1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p>
<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more.&nbsp;</p>
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<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more.&nbsp;</p>
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<strong>Sowing a crisis (Editorial)</strong></h1>
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<p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins</em></p><p style="text-align:justify">The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over 81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at 71,309 crore and 79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at 1.28 lakh crore and 1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its 1.05 lakh crore budget provision for fertiliser subsidies by another 1.1 lakh crore, taking the outlay to a record 2.25 lakh crore. This number overshadows food subsidy, projected at 2.06 lakh crore, and the 1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece" title="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more. </p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680058be8c813-trace').style.display = (document.getElementById('cakeErr680058be8c813-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680058be8c813-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680058be8c813-code').style.display = (document.getElementById('cakeErr680058be8c813-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680058be8c813-context').style.display = (document.getElementById('cakeErr680058be8c813-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680058be8c813-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<p style="text-align:justify"><em>The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins</em></p>
<p style="text-align:justify">The economic crisis in India&rsquo;s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over ₹81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at ₹71,309 crore and ₹79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at ₹1.28 lakh crore and ₹1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its ₹1.05 lakh crore budget provision for fertiliser subsidies by another ₹1.1 lakh crore, taking the outlay to a record ₹2.25 lakh crore. This number overshadows food subsidy, projected at ₹2.06 lakh crore, and the ₹1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p>
<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more.&nbsp;</p>
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<p style="text-align:justify">The economic crisis in India&rsquo;s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over ₹81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at ₹71,309 crore and ₹79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at ₹1.28 lakh crore and ₹1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its ₹1.05 lakh crore budget provision for fertiliser subsidies by another ₹1.1 lakh crore, taking the outlay to a record ₹2.25 lakh crore. This number overshadows food subsidy, projected at ₹2.06 lakh crore, and the ₹1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p>
<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more.&nbsp;</p>
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Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins
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<strong>Sowing a crisis (Editorial)</strong></h1>
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<p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins</em></p><p style="text-align:justify">The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over 81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at 71,309 crore and 79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at 1.28 lakh crore and 1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its 1.05 lakh crore budget provision for fertiliser subsidies by another 1.1 lakh crore, taking the outlay to a record 2.25 lakh crore. This number overshadows food subsidy, projected at 2.06 lakh crore, and the 1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece" title="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more. </p> </font>
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<link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680058be8c813-trace').style.display = (document.getElementById('cakeErr680058be8c813-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680058be8c813-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680058be8c813-code').style.display = (document.getElementById('cakeErr680058be8c813-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680058be8c813-context').style.display = (document.getElementById('cakeErr680058be8c813-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680058be8c813-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">>
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<p style="text-align:justify">The economic crisis in India&rsquo;s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over ₹81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at ₹71,309 crore and ₹79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at ₹1.28 lakh crore and ₹1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its ₹1.05 lakh crore budget provision for fertiliser subsidies by another ₹1.1 lakh crore, taking the outlay to a record ₹2.25 lakh crore. This number overshadows food subsidy, projected at ₹2.06 lakh crore, and the ₹1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p>
<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more.&nbsp;</p>
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<p style="text-align:justify">The economic crisis in India&rsquo;s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over ₹81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at ₹71,309 crore and ₹79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at ₹1.28 lakh crore and ₹1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its ₹1.05 lakh crore budget provision for fertiliser subsidies by another ₹1.1 lakh crore, taking the outlay to a record ₹2.25 lakh crore. This number overshadows food subsidy, projected at ₹2.06 lakh crore, and the ₹1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p>
<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more.&nbsp;</p>
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The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins
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<strong>Sowing a crisis (Editorial)</strong></h1>
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<p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins</em></p><p style="text-align:justify">The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over 81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at 71,309 crore and 79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at 1.28 lakh crore and 1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its 1.05 lakh crore budget provision for fertiliser subsidies by another 1.1 lakh crore, taking the outlay to a record 2.25 lakh crore. This number overshadows food subsidy, projected at 2.06 lakh crore, and the 1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece" title="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more. </p> </font>
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The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins
The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin....'
$disp = '<p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins</em></p><p style="text-align:justify">The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over 81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at 71,309 crore and 79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at 1.28 lakh crore and 1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its 1.05 lakh crore budget provision for fertiliser subsidies by another 1.1 lakh crore, taking the outlay to a record 2.25 lakh crore. This number overshadows food subsidy, projected at 2.06 lakh crore, and the 1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece" title="https://www.thehindubusinessline.com/opinion/editorial/sowing-a-crisis/article65750975.ece">click here</a> to read more. </p>'
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The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins
The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as the Modi government has kept a tight rein on expenditure, outlays on fertiliser subsidy have been galloping past Budget estimates by unacceptably large margins. After defraying over 81,000 crore on fertiliser subsidiy in FY20, Union Budgets for FY21 and FY22 sought to cap it at 71,309 crore and 79,529 crore respectively. But the revised estimates by year-end turned out 77-80 per cent higher than budgeted, at 1.28 lakh crore and 1.40 lakh crore respectively. For FY23, though the sowing season has just begun, the Centre has announced plans to augment its 1.05 lakh crore budget provision for fertiliser subsidies by another 1.1 lakh crore, taking the outlay to a record 2.25 lakh crore. This number overshadows food subsidy, projected at 2.06 lakh crore, and the 1.7 lakh crore outlay on Pradhan Mantri Garib Kalyan Yojana, which offered succour to the poor and marginalised through the pandemic.
