Consider the following statements-
1. Price subsidies in electricity can only benefit the (relatively wealthy) 67.2 percent of household that are electrified.
2. The poorest 50 percent of household consume only 25 percent of LPG.
3. Majority (51 percent) of subsidized kerosene is consumed by the non-poor and almost 15 percent of subsidized kerosene is actually consumed by relatively well-off (the richest 40 percent).
4. A large fraction of price subsidies allocated to water utilities- upto 85 percent- are spent on subsidizing private taps when 60 percent of poor household get their water from public taps.
5. Controlled rail prices actually provide more benefits for wealthy household than poor households.
Select the correct answer using the codes given below:
View solution