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This is the first edition of the India Energy Subsidy Review, a biannual publication of the IISD's Global Subsidies Initiative.

Part One outlines economic and policy developments affecting India's subsidized key fuel markets (diesel, liquefied petroleum gas, kerosene and natural gas), and analyses the dynamics of each market. Part Two features analysis by guest authors on issues related to energy pricing policy. In this edition, two articles examine the impact of energy subsidy reforms on India's transport and agriculture sectors respectively. This edition of the review concludes with a commentary by Kirit Parikh and Jyoti Parikh, distinguished practitioners in the field.