Tag: #SUBSIDIED

In India, the term "implicit subsidies" refers to the different ways the government helps or gives money to certain areas or activities without making clear budgetary allocations or direct payments. These benefits are often built into the rules or policies of the country, and they can have big effects on the economy. Here are some of India's most important cases of hidden subsidies: 1.Subsidies for fuel: In the past, diesel, oil, and kitchen gas were sold by the Indian government at prices below what they were worth on the market....