Govt needs to cut wasteful expenditures but spare food subsidies

Deputy Chairman of the Planning Commission Montek Singh Ahluwalia has suggested a cut in wasteful government expenditure as a strong and necessary measure to control the fiscal deficit but defended financial burden of the Food Security. “It’s unpleasant, it’s tough, but if people understand that you are trying to manage an economy, after all there are a lot of people who say there is a huge amount of waste in government expenditure, it is not going to be that difficult to cut it,” Ahluwalia told Karan Thapar on Devil’s Advocate on CNN-IBN.