India budget-Food subsidy for 2014/15 seen at 1.15 trl rupees

NEW DELHI Mon Feb 17, 2014 3:04am EST

NEW DELHI Feb 17 (Reuters) - Indian Finance Minister P. Chidambaram forecast that the country's total spending on food subsidies will be at least 1.15 trillion rupees in 2014/15.

He estimated combined food, fertiliser and fuel subsidies at 2.5 trillion rupees in 2014/15.

Chidambaram was presenting an interim budget to tide public finances over until a new government is formed after elections due by May.