How much additional subsidy is allocated to Fertilizers by the government of India in Union Budget FY22-23?
- AOption (a)
₹3.40 lakh crore
- BOption (b)
₹2.10 lakh crore
- COption (c)
₹1.50 lakh crore
- DOption (d)
₹1.10 lakh crore
- EOption (e)
None of the above
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Correct answer
₹1.10 lakh crore
Why this answer is correct
The government's total fertilizer subsidy is likely to touch a record ₹2.15 lakh crore in the current fiscal. The fertilizer subsidy bill was estimated at ₹1.05 lakh crore in the 2022-23 Budget. It stood at ₹1,62,132 crore in 2021-22.