Feb 13, 2013, 04.45 PM | Source: Moneycontrol.com
Benefit or support provided by the government to industries usually in the form of a cash payment or tax reduction is known as subsidy.
Since Independence, the Indian government has been subsidizing many industries and products, from petrol to food. A subsidy is often considered to be in the interest of the public, but is a politically sensitive issue as well.
China to reward people who report online terrorist content
"The Internet has become a channel for terrorists
100 Pipers True Legends: 12 Pioneers who made a difference
Celebrating philanthropy with 100 Pipers True Lege
Find out who wins at NSE Funancial Quest 5 Bhopal Finals
Watch top 8 teams battle it out at Bhopal finals o
Those who live by cash...: Are top e-tailers headed for trouble?
Flipkart is said to have approached Alibaba for an
WHO declares Zika virus a global public health emergency
WHO Director-General Margaret Chan told reporters
Find out who wins Pune finals of Funancial Quest 5
Watch eight teams battle it out to become Pune cha