define subsidy??????????
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★彡
ᴀ sᴜʙsɪᴅʏ ɪs ᴀ ʙᴇɴᴇғɪᴛ ɢɪᴠᴇɴ ᴛᴏ ᴀɴ ɪɴᴅɪᴠɪᴅᴜᴀʟ, ʙᴜsɪɴᴇss, ᴏʀ ɪɴsᴛɪᴛᴜᴛɪᴏɴ, ᴜsᴜᴀʟʟʏ ʙʏ ᴛʜᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ. ... ᴛʜᴇ sᴜʙsɪᴅʏ ɪs ᴛʏᴘɪᴄᴀʟʟʏ ɢɪᴠᴇɴ ᴛᴏ ʀᴇᴍᴏᴠᴇ sᴏᴍᴇ ᴛʏᴘᴇ ᴏғ ʙᴜʀᴅᴇɴ, ᴀɴᴅ ɪᴛ ɪs ᴏғᴛᴇɴ ᴄᴏɴsɪᴅᴇʀᴇᴅ ᴛᴏ ʙᴇ ɪɴ ᴛʜᴇ ᴏᴠᴇʀᴀʟʟ ɪɴᴛᴇʀᴇsᴛ ᴏғ ᴛʜᴇ ᴘᴜʙʟɪᴄ, ɢɪᴠᴇɴ ᴛᴏ ᴘʀᴏᴍᴏᴛᴇ ᴀ sᴏᴄɪᴀʟ ɢᴏᴏᴅ ᴏʀ ᴀɴ ᴇᴄᴏɴᴏᴍɪᴄ ᴘᴏʟɪᴄʏ. 彡★
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Explanation:
Subsidy is a transfer of money from the government to an entity. It leads to a fall in the price of the subsidised product. Description: The objective of subsidy is to bolster the welfare of the society. It is a part of non-plan expenditure of the government.
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