Study the following information carefully and answer the question given below:
The Centre reportedly wants to continue providing subsidy to consumers for cooking gas and kerosene for five more years.This is not good news from the point of view of reining in the fiscal deficit Mounting subventions for subsidies means diversion of saving by the government from investment to consumption raising the cost of capital in the process The government must cut expenditure on subsidies to create more fiscal space for investment in both physical and social infrastructure It should outline a plan for comprehensive reform in major subsidies including petroleum food and fertilizers and set goal posts