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

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Volume and Composition of Government Subsidies in India, 1987-88

Volume and Composition of Government Subsidies in India, 1987-88

Volume and Composition of Government Subsidies in India, 1987-88 Sudipto Mundle M Govinda Rao This paper attempts to measure the volume and composition of subsidies provided by the Central government and major State governments and concludes that a substantial proportion of GNP, much larger than the explicit subsidy as revealed in the budgets or as computed even by the broader National Accounts definition, is being distributed in the form of subsidies through the Central and State budgets, much of it invisible, and that it is not at all clear that these subsidies are flowing to the intended beneficiaries.

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