Don't know why many people are not treating it as a welcome move. Such steps should be there, otherwise people will remain poor till 2099
Government have to remove such subsidies and all in a faster rate because results of these subsidies will be worst when India will not get any financial aid from World Bank or other agencies in coming years.
In my village, many people own cemented houses, 2 wheelers, refrigerator, LED, Washing Machines and still those people are taking benefits from Government by getting Wheat at ₹2 Kg, Rice ₹3 kg. Those people are buying rice and wheat in subsidy and then selling that in ₹20-25 per kg. As they don't need those wheat and rice because they grow their own.
Such people should not be there in the beneficiaries list but unfortunately under Indian Constitution there's no any power in the hands of Government, MC, Panchayat or any other officials so that they can remove such people from the list.