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

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AGENDA FOR INDIA-Poverty of Ideas

fervently advanced justification of administered pricing of oil products. How much of the benefit of the huge subsidy on kerosene can in the best of conditions accrue to the really poor is clearly open to question. That apart, it is well established that not much kerosene actually reaches the final user, whether poor or not, at the officially- fixed price. Why then persist with the charade? Of course, the most ludicrous aspect of administered pricing of oil products has been the hefty subsidy on LPG for middle and upper class cooking which, despite this week's price increase, will shamefully continue in substantial measure.

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