Why Sonia, Mamata, BJP must be forced to heed Kelkars warning

October 03, 2012 10:13

Right from that attention-riveting first sentence, the Kelkar committee report on fiscal consolidation, which was put out in the public domain late on Friday (and can be read here), hammers away at just one grim theme: that unless the subsidy on fuel, food and fertilizer is cut back to sustainable levels, India will face a crisis worse than the one in 1991.

And if that happens, the 'poor and the unemployed', in whose names politicians down the line from Sonia Gandhi to Mamata Banerjee to Mulayam Singh Yadav to assorted BJP leaders have been piling on the mountain of subsidies or resisting even the feeblest efforts to reduce it, will suffer the most.

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