Financial Daily from THE HINDU group of publications
Friday, Jul 30, 2004
Financial Daily from THE HINDU group of publications Friday, Jul 30, 2004 |
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Opinion
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Letters Fertiliser subsidy hike
This has reference to "CCEA decision on fertiliser subsidy hike soon" (Business Line, July 29). Fertiliser subsidy should not be based on past costs of production unless it relates to those past years. Manufacturing companies cannot coerce the Government to hike subsidies by entering into contracts in anticipation of the subsidy sanction and disbursal.
Ramachandran Mahadevan Bangalore
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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