Annual Survey of Industries 2013-14

India, 2014 - 2015

Reference ID

IND_2014_ASI_v01_M

Producer(s)

Central Statistics Office (Industrial Statistics Wing)

Metadata

DDI/XML JSON

Created on

Jun 26, 2017

Last modified

Jun 26, 2017

Page views

22904

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3326

Total Subsidies (Tot_Sub)

Data file: blkg201314

Overview

Valid: 0

Invalid: 0

Type: Continuous

Decimal: 0

Start: 166

End: 179

Width: 14

Range: -

Format:

Description

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.

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