Despite mounting pressure from surging global commodity prices that could nearly double the Centre’s fertiliser subsidy bill to Rs 3.4 lakh crore and necessitate support of Rs 1.23 lakh crore for oil marketing companies, the government remains firmly in control of the fiscal situation and sees little risk to India’s growth momentum, senior officials said. Even as geopolitical tensions in West Asia and global trade uncertainties cloud the external environment, officials said the economy continues to be supported by resilient domestic demand and a strong underlying growth trajectory.