What is a subsidy in economics? Simply put, a subsidy is a financial contribution offered by the government or a public authority to reduce the cost burden on individuals, businesses, or entire sectors. It typically comes in the form of direct cash support, tax exemptions, or reduced prices on essential goods. The meaning of subsidy ...The post What is a Subsidy? Definition, Types, and Government Schemes in India appeared first on FlexiLoans Finance, Business Loan Blogs, Tips & Guide.
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