Tags: 'power subsidy: camouflaged in losses of SEBs',
'kerosene & LPG subsidies: cross-subsidized prior to 2002,
from budget there after',
'direct subsidy: impractical',
'identification of poor',
'handling & processing of payments',
'tracking & fixing accountability',
National Institute of Public Finance & Policy (NIPFP)',
'doubtful efficacy',
'direct subsidy to beneficiaries',
'carefully evaluate pros & cons',
'main subsidies: food/ fertilizers/ kerosene/ LPG/ power/ irrigation',
'fertilizer subsidy: transparent'