In financial year 2023, about **** percent of the GDP spent on fossil fuel subsidy. This figure was slightly higher compared to last year. Fossil fuel subsidies promote energy production through fossils and control the prices.
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MOSPI. (June 25, 2024). Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. "Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023." Chart. June 25, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. (2024). Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. "Fossil Fuel Subsidy per Unit of Gdp in India from Financial Year 2016 to 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 25 Jun 2024, /statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI, Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023 ÌÇÐÄÆƽâ°æ, /statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/ (last visited July 27, 2026)
Fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2023 [Graph], MOSPI, June 25, 2024. [Online]. Available: /statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
