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Subsidies



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Info found so far:

Subsidy on   k.oil	Rs. 3,700 crores
		LPG	Rs 7,200 crores

		from India Today, April 3, 2000

The case for a direct (negative) income tax is getting stronger. Kindly see
if anyone can supply info on all other infructuous subsidies. I think that
even if we cut subisidies by 3/4th, we will still be able to eliminate
poverty at one stroke with the remaining 1/4th amount.

SS

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