Subsidies are payment by government to

  1. Consuming Units
  2. Producing units
  3. Banking units
  4. Retired persons
Manish Listener Asked on 18th November 2014 in General Knowledge.
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1 Answer(s)

Subsidy is a form of financial support given to institutions or individual by the government. It can be given by direct (in cash, loan at minimal or zero interest rate) and indirect methods (rent rebate, tax breaks etc).

Subsidy can be given to Producing Unit as well as Consuming Unit. Either way, it will benefit the end use or consumer.

Pushpendra Pal Dean Answered on 18th November 2014.
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