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Analysis Of Economic Survey - Subsidies And Tax Exemptions (for UPSC CSE)

Lesson 6 of 11 • 221 upvotes • 8:18 mins

Vimal Singh Rathore

This lesson focuses on the suggestions given to the government by the economic survey. The first suggestion is for the government to do something about subsidies. It explains how the rich feed off subsidies worth over Rs.1 lakh crore, who benefits from subsidies and how the rationalisation of subsidies and incentives is needed urgently. The next suggestion is on tax exceptions and how the number of taxpayers is usually low and tax exemptions are too many.

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