Committees And Commissions In India 1947 73 A Concepts Project V

Author : Anandajit Goswami
Publisher : The Energy and Resources Institute (TERI)
ISBN 13 : 9386530090
Total Pages : 156 pages
Book Rating : 4.3/5 (865 download)

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Download or read book Fuel Pricing in India written by Anandajit Goswami and published by The Energy and Resources Institute (TERI). This book was released on 2018-05-17 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fossil fuel subsidies have been an issue of political contention in developing countries such as India. It is believed that subsidy reduction can enhance economic efficiency and reduce government fiscal deficits. If such a subsidy reduction is complemented by prudent tax collection mechanisms, it can enhance the revenue base. However, there is also a need to target subsidies appropriately as otherwise it can impact on the revenue base of the government. Fuel Pricing in India gives a narrative on fossil fuel pricing issues, covering coal, oil, gas, and electricity. Value chain analyses of the sectors are given to show how taxes and subsidies flow in between different points of the sector. The macroeconomic modelling narrative of the study is also presented in the book. Based on the findings of each of the chapter, the book presents the possible future policy conclusions in the domain of tax- and subsidy-related reforms in India.