Feb 27, 2016
Rich feed off subsidies worth over Rs. 1 lakh crore: Economic Survey
India’s rich feed off subsidies worth over Rs. 1 lakh crore a year that are meant for the poor, according to the Economic Survey titled Bounties for the Well-off. </p><p>And this figure only considers the subsidies on six commodities, two public utilities — the Railways and electricity — and one small savings scheme, the Public Provident Fund.