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Privatisation, Subsidies, Defence spending 2014-15 highlights of Interim budget 2014-15

Privatisation, Subsidies, Defence spending 2014-15 highlights of Interim budget 2014-15


Privatisation

Target from stake sale in state run firms for 2013-14 revised to Rs.258.41 billion

 

Target for 2014-15 increased to Rs.569.25 billion


Plan expenditure for 2014-15 seen at Rs.5.55 trillion


Non plan spending estimated at about Rs.12.08 trillion in 2014-15


Subsidies


Total spending on food, fertilisers and fuel at Rs.2.5 trillion in 2014-15
 

Food subsidy estimated at Rs.1.15 trillion

Fertiliser subsidy at Rs.679.71 billion

Petroleum subsidy seen at Rs.634.27 billion v/s revised figure of Rs.854.8 billion for 2013-14


Defence

Spending raised to Rs.2.24 trillion in 2014-15, up 10% year on year

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