There has been a big hue and cry, about the subsidies for various products. Most economists, particularly the best in the country, including those holding positions in the Reserve Bank of India, have argued that all subsidies, including the ones on things on public transport, electricity, etc., should be totally done away with.

On the other hand, there are hundreds who feel that subsidies should not be abolished, as otherwise all the prices of all essential commodities will go through the roof, and that the poor will be very badly hit.

Let members give their frank opinions, preferably with all statistical data, to support their viewpoints.
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Have you ever tried a lottery ticket?

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