Subsidies


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Subsidies

Economic incentives to engage in an activity or purchase a product. Subsidies can work for or against environmental protection. Governments and utilities will sometimes offer subsidies for technologies that decrease energy or water use.
References in periodicals archive ?
Although farm subsidies began to taper off in the early 1960s, during the first term of the Nixon administration an unfortunate convergence of a poor growing year and an agreement to sell millions of bushels of grain to the Soviet Union caused shortages and a spike in prices.
It is possible to obtain a summary measure of industrial country protection against developing countries, including both tariffs and subsidies and all product sectors.
Financial incentives for companies wishing to set up in Niigata vary from city to city, but generally consist of tax breaks, loans and subsidies from the central government, the Niigata prefectural government and the local municipal government.
People's fascination with subsidies is based on the welfare concept of state which is endorsed by many economists of Pakistan.
The subsidies will be awarded to individuals on the basis of District Quota allocated by the Government of Sindh based on the area under cultivation in respective districts, private news channel reported.
The August version of the projections show that, under the current ACA rules, with the CSR subsidies still in place, the United States would have about 27 million uninsured people in 2019, and about 28 million uninsured people in 2026.
MP Essam Abdullah said that the proposal includes granting EGP 1,000-1,500 per household in cash subsidies, in place of offering subsidies on commodities, electricity, and fuel.
But many subsidies are poorly targeted, disproportionally benefiting wealthier segments of the population.
to improve the distribution of subsidies in agriculture.
GCC countries have already started trimming government expenditures in part by introducing cuts in energy subsidies to alleviate the fiscal burden, said NBK.
Energy subsidies have been a drag on financial resources that could be used more productively elsewhere such as education and infrastructure.
Subsidies lead to higher energy consumption, exerting pressure on the balance of payments of net energy importers, while also promoting smuggling to neighbours with higher domestic prices.