COMMON SENSE SIMPLIFIED: 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 only a fraction of these subsidies does actually reach the poor, thanks to our corrupt system.
Read more: http://prasoonsmajumdar.blogspot.in/2012/03/subsidise-subsidies.html
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