000			01034pab a2200169 454500
008			180718b2014 xxu||||| |||| 00| 0 eng d
100			_aChander, Parkash
245			_aPrice subsidies versus income transfers (Notes)
260			_c2014
300			_ap.104-108.
362			_a5 Apr
520			_aThe impact of the price subsidy under the National Food Security Act on consumption of cereals, and, therefore, welfare, will be different from that of an unconditional direct income transfer equal to the cost of the price subsidy only if the price subsidy is regressive among the set of people covered. This note argues that restricting the subsidy to an inferior good such as coarse grains alone may work better from both the fiscal and equity points of view. It recommends raising the entitlement for coarse grains to 7 kg a person per month, but keeping it unchanged for wheat and rice at 5 kg a person per month. - Reproduced.
650			_aPrices
773			_aEconomic and Political Weekly
908			_aN
909			_a103497
999			_c103493 _d103493