India - Annual Survey of Industries: 2010-11
Reference ID | IND-CSO-ASI-2010-11 |
Year | 2011 - 2012 |
Country | India |
Producer(s) | Central Statistics Office (Industrial Statistics Wing) |
Sponsor(s) | Government of India - GOI - |
Collection(s) | |
Metadata |
![]() |
Created on
Jul 29, 2016
Last modified
Sep 01, 2016
Page views
165949
Total Subsidies
(Tot_Sub)
File: blkg201011
File: blkg201011
Overview
Type:
Continuous Format: numeric Width: 11 Decimals: 0 Range: 0-22779868550 | Valid cases: 39349 Invalid: 0 Minimum: 0 Maximum: 22779868550 Mean: 5893090.2 Standard deviation: 240920690.1 |
Definition
A subsidy is a form of financial assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributors in an industry to prevent the decline of that industry (e.g., as a result of continuous unprofitable operations) or an increase in the prices of its products or simply to encourage it to hire more labour (as in the case of a wage subsidy). Examples are subsidies to encourage the sale of exports; subsidies on some foodstuffs to keep down the cost of living, especially in urban areas; and subsidies to encourage the expansion of farm production and achieve self-reliance in food production. Subsidies received for both input and output items should be taken in this item collectively.