Anand, Mukesh; Jha, Raghbendra - 2004
section for various definitions of subsidy). Specifically, for the state of Maharashtra, the subsidy was estimated at Rupees … Government of Maharashtra (GoM) as shown in Table 1. Excluding the grants-in-aid, the estimate of subsidy varies between 0.8 to 1 … the extent to which the economy is living beyond its present means (income). In reality a substantial component of the GFD …