India - Annual Survey of Industries: 2011-12
Reference ID | IND-CSO-ASI-2011-12-v1 |
Year | 2012 - 2013 |
Country | India |
Producer(s) | Central Statistics Office (Industrial Statistics Wing) |
Sponsor(s) | Government of India - GOI - |
Collection(s) | |
Metadata | Documentation in PDF |
Created on
Jul 29, 2016
Last modified
Sep 01, 2016
Page views
210318
Total Subsidies
(Tot_Sub)
File: blkg201112
File: blkg201112
Overview
Type:
Continuous Format: numeric Width: 14 Decimals: 0 Range: 0-22779868550 | Valid cases: 40456 Invalid: 0 Minimum: 0 Maximum: 24015662231 Mean: 8107927.5 Standard deviation: 334300807.9 |
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.