 "gavel, court, law")
Subsidy not a matter of right: SC
Subsidy is a matter of fiscal policy and a privilege granted by the state; it cannot be claimed as a right by any beneficiary, the Supreme Court stated while dismissing a large number of appeals against several high court orders. Several state corporations had challenged the dual pricing policy of the Ministry of Petroleum with regard to diesel. The ministry had denied subsidy to bulk consumers such as transporters with the result that they had to buy diesel from oil marketing companies at the retail price, which was high. In the main case,
