ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI-Everyone Loves Subsidies

NEW DELHI Everyone Loves Subsidies BM THE Finance Ministry, jointly with the Planning Commission, appears to he engaged in what may be said to be a serious bid to reduce and finally eliminate subsidies from the public exchequer from as many points as possible in the national economy. A move in this direction was indicated in a general way in the Budget speech of the Finance Minister earlier this year. But subsidies have come to occupy such an important place and are so entrenched in the working of the national economy that action on these was bound to create many prob- is and meet with stiff resistance from many quarters. This is precisely what is happening.

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