The Government is cutting subsidies to the common people. Number of BPL families are being reduced on one plea or another and the food subsidy is also being cut. The government is very reluctant to grant subsidy for bail out of PSUs like Air India. It says that PSUs should manage their own without seeking help from Government. BSNL is deprived of its cash surplus through dubious means like ‘notional loans’ etc.
But the same government has no difficulty in gifting lakhs of crores of rupees as subsidy to the corporates and private bigwigs. See below how much amount has been spent by the government towards concession and bailing out the corporates:
Year Amount
2008-2009 Rs. 4,14,099 crore
2009-2010 Rs. 5,02,299 crore
2010-2011 Rs. 5,11,630 crore
Total Rs 14,28,028 crore.
A total of Rs 14,28,028 crore gifted to the corporates! One can understand on whose side the government is!
VAN Namboodiri's Blog 
Example of “Privatisation of Profit and Nationalisation of Loss.” This is the policy of the Indian government committed to global finance capital – a government “of the finance capital, for the the finance capital, by the finance capital.” – Mihir Dasgupta, Kolkata