The government's subsidies on food, fertilisers and petroleum are estimated to decline by 39 per cent to Rs 4,33,108 crore in the current fiscal, according to the Budget document. During 2022-23, the subsidies are estimated to further decline by 27 per cent to Rs 3,17,866 crore, it said. In its revised budget estimate for 2021-22 fiscal, the government pegged total subsidies to be at Rs 4,33,108 crore as against the actual budget estimate of Rs 7,07,707 crore in the previous financial year.