Finance Minister Jaitley for Rationalising Subsidies

Mumbai: Finance Minister Arun Jaitley has said India's ballooning subsidy bill needs to be lowered by rationalising the dole-outs. Stating the government should not be doling out pre-poll populist measures that increase the subsidy bill, Mr Jaitley on Saturday said, "If we waive off loans, empty the government treasury, and destroy economic discipline, then I feel this would not help the economy or the country." Admitting tha...