After kicking up a storm by contending that farm income beyond a certain threshold should be taxed, NITI Aayog Member Bibek Debroy has now said that all production subsidies should be scrapped. Debroy said that even on the consumption side, subsidies should only be given to ‘unambiguously targeted individual prospects’. “My personal view is that on the production side, there should be no subsidies whatsoever. We (should) improve the business […]