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A Scheme for Efficient Subsidisation of Kerosene in India
(2009-03-11)
The distortions in price based subsidisation are very severe. The direct fiscal cost of ensuring that a rupee of value is delivered to all household users of kerosene is as high as Rs.3 and when the consideration is the ...
Reform of the Fiscal and Subsidy Regime for the Petroleum Sector (Based on a Report Commissioned by the Petroleum Federation of India)
(2011-05-26)
Problems in the oil sector emanate from the structure of central taxes and the system of subsidization through prices. Solutions to the problems necessarily have to address both tax and subsidy simultaneously. The social ...