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Food Security in India — Social Studies STD 9 — Question

CBSE BoardEnglish MediumSTD 9Social StudiesFood Security in India3 Marks
Question
What is a ‘Subsidy’?
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Answer

‘Subsidy’ is a payment that a government makes to a producer to supplement the market price of a commodity. Subsidies can keep consumer prices low while maintaining a higher income for domestic producers.

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