A general subsidy is a kind of financial assistance that the government offers to companies, sectors of the economy, or people. Usually, direct cash contributions, tax exemptions, or lower pricing on products and services are used to provide this help.The objective of a general subsidy is to lessen the recipient’s financial burden, hence promoting the... Read More

In the modern world where the nature of the economy is quite dynamic, the following are some measures that governments use to address their people as well as industries. One of these tools is the general subsidy. But what is this general subsidy and why is it so significant? In this blog, the idea of... Read More