Food subsidy expenditure forms over 50% of India’s total subsidy spending in FY 2024-25, with Rs 1.64 lakh crore allocated for April-December 2024, up from the previous year. Fertilizer subsidy spending decreased slightly to Rs 1.36 lakh crore. Non-debt capital receipts declined, and FDI inflows weakened, highlighting revenue collection challenges and increased foreign investor outflows.
2 top stock recommendations from Aditya Agarwala
Going ahead what is interesting is markets are oscillating in a falling wedge pattern and Nifty today took support at the lower end of the