The Growth Report Denounces Energy Subsidies, Cut In Public Spending On Infrastructure To Reduce Fiscal Deficit THE government's decision to subsidise consumers of petroleum products by resisting revision of prices despite a sharp rise of crude is a "bad idea' measured by the yardstick of The Growth Report released recently by the Commission for Growth and Development, a special-purpose grouping of leading minds in finance, economics and policymaking, majorly from the developing world. For that matter, many of the policy initiatives of the central and state governments in India