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Definition: Subsidy is a transfer of money from the government to an entity. ... Description: The objective of subsidy is to bolster the welfare of the society. It is a part of non-plan expenditure of the government. Major subsidies in India are petroleum subsidy, fertiliser subsidy, food subsidy, interest subsidy, etc.
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Subsidy or subsidy is the financial assistance given to enhance an economic or social policy. This is usually done by the government to individuals,Is given to companies or institutions. There can be many forms of subsidy, such as giving money directly, giving tax rebates, lending without interest, etc.
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