11-09-2007, 12:16 PM
At present Rs. 1 lakh Crores is being spent on subsidy alone according to the Prime Minister. This means there is less resources for education, housing , health and other facilities. The subsidy on oil sector needs to be finetuned. At present the poor and the rich both are receiving the subsidy in respect of LPG and Diesel . This should be so mmaid that those who are economically weaker only will get these items at a susidised rate while the owners of Diesel engined MB and BMW may pay the normal price. On the agriculture sector, some reduction on firm subsidy is also necessary. However, both these measures need the support of the Left parties under the present political dispensatiion at the Centre. So nothing much can be done till the next general elections.