IIPM Think Tank Prasoon S Majumdar on Subsidise the Subsidies
Subsidies have always been the most-touted strategy among the political class, especially as it is something that is highly deceptive, completely opaque and totally off -target. This trump card is extensively used by political parties, during both elections and budget to gain mileage. Perceptibly, this policy, which was fundamentally aimed at bridging the socio-economic divide of the society, has increasingly become a tool for politicians to swing electorate towards them. But then there is no secret in the fact that...
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