A subsidy is an assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributed as subventions in an industry to prevent the decline of that...
It will further enrich the rich and impoverish the poor and the downtrodden. Like in the past debate and attempt at subsidies, the money will be removed on the pretext of regulating the oil price and...
ya the PSU oil companies get the subsidies from the government. As the oil prices in retail market in most countries like India are governed by the government so in order to compensate for the losses...
government will earn more money.they will not borrow moneythey will be able to provide for the country needsdisadvantagesthe cost of pms will increasethe manufacturing companies will not get...