In financial year 2021, about 0.2 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.
Amount of fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2021
Characteristic
Fossil fuel subsidy per unit of GDP
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MOSPI. (March 31, 2021). Amount of fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2021 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. "Amount of fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2021." Chart. March 31, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. (2021). Amount of fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2021. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI. "Amount of Fossil Fuel Subsidy per Unit of Gdp in India from Financial Year 2016 to 2021." Statista, Statista Inc., 31 Mar 2021, https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/
MOSPI, Amount of fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2021 Statista, https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/ (last visited July 27, 2024)
Amount of fossil fuel subsidy per unit of GDP in India from financial year 2016 to 2021 [Graph], MOSPI, March 31, 2021. [Online]. Available: https://www.statista.com/statistics/1149190/india-fossil-fuel-subsidy-per-unit-gdp/