Discard dysfunctional subsidies

Subsidies for the middle-class are here to stay. None of the political parties have mentioned any reduction, let alone elimination of subsidies in their manifestos for the ongoing Parliamentary elections. One can only hope that some parties, especially the BJP if it comes to power, will not feel bound by their manifestos and move to do away with at least those subsidies that can be seen to be dysfunctional and that do not reach the intended beneficiaries.

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