more inelastic, and would reduce subsidy leakage to rich households. Price increases applied uniformly and/or compensating …

Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is … implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of … households receiving seven times more in benefits than the poorest ten percent. Although subsidy reform would generate …