Grant-in-Aid

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Grant-in-Aid

 

(Russian, subventsiia), a form of monetary benefit granted to local bodies of power by the state. Unlike subsidies (dotatsii), grants-in-aid are given for specific purposes and on condition of participation by local budgetary funds. In the capitalist countries, they are used to increase the dependence of local agencies on the central bodies of power. In the USSR, grants-in-aid from the state budget were introduced in 1924. They helped cover local budgetary expenditures for such purposes as the construction of schools, hospitals, and local roads. By 1931, as new forms of budget control were introduced and as planning came to play a greater role in the national economy, the system of grants-in-aid had ceased to be of importance.

References in periodicals archive ?
March 25 1999: The Post reveals the Government has tabled an offer of pounds 118 million in grant aid for Rover, which angers the German company.
The officials considered rescheduling debt payments by Pakistan as requested by Pakistani officials, but they have decided to instead offer grant aid at this time.
Many bona fide builders have complained that the rates for labour and materials given for grant aid calculations are unrealistic and do not cover inflation.
He insisted that Rover had made no approach to the Government about an aid package but most observers see Government and European grant aid in support of BMW's Longbridge investment as a matter of when rather than if given the number of jobs at stake acr oss the Midlands.
TOKYO, June 27 (KUNA) -- Japan will provide USD six million in emergency grant aid to help north Iraq's displaced people affected by the armed conflict there, the Foreign Ministry said Friday.
Moreover, an intergovernmental framework agreement on grant aid was signed.
Earlier in 1993, Japan had extended the cultural grant aid of 41 million yen to Lok Virsa for the set up of audio visual equipment at their media centre.
This report demonstrates how much low-income students must stretch to pay for college, even after grant aid is taken into account.
The European Commission cleared, on 15 January, a Belgian scheme to grant aid of up to 15,000 to farmers.
The Korea International Cooperation Agency was founded as a government agency on April 1, 1991, to maximize the effectiveness of Korea's grant aid programs for developing countries by implementing the government's grant aid and technical cooperation programs.
US $ 20 million) as Non Project Grant Aid for the 2009.