What is Subsidy – it’s Importance, Impact, Types and Benefits - Online Product Hub

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Source: What is Subsidy – it’s Importance, Impact, Types and Benefits - Online Product Hub

Government subsidies are financial assistance provided by the government to businesses or individuals. They are typically used to promote economic growth, social welfare, or environmental sustainability. Subsidies can be provided in a variety of forms, including direct payments, tax breaks, and loans at reduced interest rates.