Geography, asked by sahasruthi1910, 1 year ago

. What is subsidy? explain

Answers

Answered by ksdjs
11
Definition: 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. Major subsidies in India are petroleum subsidy, fertiliser subsidy, food subsidy, interest subsidy, etc. 
Answered by anithasweety
9
subsidy means reducing the price or cost

subsidy charges means low price or cost

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