Subsidy – its new incarnation Posted on May 18, 1993 by Uttam Gupta subsidy-its-new-incarnation Tags: 'administrative infrastructure', 'diversion/misuse', 'vacillating' perception, 'inefficient', 'costly', 'prone to leakages', transparent, IRDP, 'Targetted subsidies', 'price hike', 'exemption of small & marginal farmers'