What will our Modi administration do with money after phasing out all kinds subsidies?
Fund its Trophy projects (read bullet trains)? Waste tax payer money on his reckless publicity. Fund his foreign jaunts. That is not the purpose of the Government.
Modi will go down in history as "destroyer of agriculture and informal economy."
Government's view of the economy: If it moves, tax it. If it keeps moving, regulate it.
And if it stops moving, subsidize it ... Ronald Reagan