Description
New Century Publications Subsidies in India by Rishi Muni Dwivedi
"This book explains and examines the whole gamut of subsidies, both explicit and implicit, in India at the level of Central and State Governments. Subsidies are sometimes called negative taxation. Providing minimum consumption entitlement to the poor by subsidising the items consumed by them is an extremely important welfare dimension of fiscal policy. However, subsidies can generate negative effects also. "