Subsidized electricity and fuel leads to wasteful overconsumption and contributes to the fiscal deficit. Though these subsidies are politically difficult to eliminate, they should be replaced by cash transfers, which can now be done efficiently in India, owing to a remarkable new system of fingerprint-based cash transfers.
取消补贴。电力和能源补贴导致了浪费性过度消费和财政赤字增加。尽管这些补贴在政治上难以取消，但应该用现金转移支付代替。目前，由于采取了令人瞩目的基于指纹的现金转移新制度，印度的现金转移支付效率较高。