The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India /

Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is the adverse welfare impact on households, in particular poor households. This paper evaluates the fiscal and welfare implications of fuel subsidy reform in India. Fuel subsidies are...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Anand, Rahul
مؤلفون آخرون: Coady, David, Mohommad, Adil, Thakoor, Vimal
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Working Papers; Working Paper ; No. 2013/128
الوصول للمادة أونلاين:Full text available on IMF
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100 1 |a Anand, Rahul. 
245 1 4 |a The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India /  |c Rahul Anand, David Coady, Adil Mohommad, Vimal Thakoor. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2013. 
300 |a 1 online resource (31 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is the adverse welfare impact on households, in particular poor households. This paper evaluates the fiscal and welfare implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of households receiving seven times more in benefits than the poorest ten percent. Although subsidy reform would generate substantial fiscal savings, the associated increases in fuel and other prices would lower household real incomes of all income groups. Better targeting of fuel subsidies would fully protect lower income households while still generating substantial net fiscal savings. Lessons from subsidy reforms in other countries are identified and discussed. 
538 |a Mode of access: Internet 
700 1 |a Coady, David. 
700 1 |a Mohommad, Adil. 
700 1 |a Thakoor, Vimal. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2013/128 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2013/128/001.2013.issue-128-en.xml  |z IMF e-Library