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India's LPG Subsidy Bill May Triple Budget Estimate to Rs 1 Lakh Crore in FY27

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India's LPG subsidy expenditure for FY27 is projected to exceed Rs 1 lakh crore, far surpassing the Rs 30,000 crore allocated in the budget. The sharp gap between allocation and actual spending is being driven by elevated fuel prices and ongoing geopolitical uncertainty linked to the war. These rising subsidy commitments are placing considerable strain on government finances. Capital expenditure is expected to be kept in check during the first half of FY27 as a result.

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