If states like Punjab, Haryana, Madhya Pradesh, Bihar and West Bengal (to name just a few) have internalised this message and begun implementing them through policy action, the Centre should also, perhaps, understand that the so-called political resistance to tough measures on raising prices of subsidised commodities is not difficult to overcome.

Increasingly, consumers are preferring to pay for the assured quality of service they get, as long as the increases are in small doses and there are no sudden shocks. Read More