NEW DELHI India's expenses on major subsidies, including those on food, jumped by almost half to 1.42 trillion rupees in the first half of the fiscal year 2012/13, the finance ministry's mid-year economic review said on Monday.
The report also said defence spending in the first half of the fiscal year was up 13 percent to 849.3 billion rupees. The full-year defence budget is expected to be 1.93 trillion rupees.
(Reporting by Arup Roychoudhury; Editing by Jijo Jacob)
Trending On Reuters
Prime Minister Narendra Modi met with the Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) on Friday to discuss his government, in a move that highlighted the organisation's influence but drew criticism from the opposition. Full Article