Q.2 Technically, a subsidy is the unrecovered cost of any service (or good) provided by the government. What are the purposes served by the subsidies and what are the issues with it? Suggest the way forward. (10 Marks) - Civilsdaily

Q.2 Technically, a subsidy is the unrecovered cost of any service (or good) provided by the government. What are the purposes served by the subsidies and what are the issues with it? Suggest the way forward. (10 Marks)

Mentor’s comment- https://indianexpress.com/article/opinion/columns/pms-revdi-remark-we-need-to-disentangle-good-subsidies-from-bad-8043837/ In the intro, mention that there has been debate over the culture of political populism and freebies … Continue reading Q.2 Technically, a subsidy is the unrecovered cost of any service (or good) provided by the government. What are the purposes served by the subsidies and what are the issues with it? Suggest the way forward. (10 Marks)