Budget 2017

Budget in graphics: Subsidies

Subsidies: A financial assistance extended by the government to a particular sector or industry to keep it afloat or to encourage production and expansion of the industry. India's policy of extending significant subsidies across sectors has been blamed for causing inefficiency and distortionary effects in the economy.
EMAIL
COMMENTS
Budget in graphics: Subsidies

Subsidies: A financial assistance extended by the government to a particular sector or industry to keep it afloat or to encourage production and expansion of the industry. India's policy of extending significant subsidies across sectors has been blamed for causing inefficiency and distortionary effects in the economy.



ALSO READ Vishal Sikka Wants To Build A 'More Confident' Infosys By 2020

Advertisement

Advertisement

GAINERS / LOSERS

Advertisement