Subsidy in Tamil
Definition:
The word “subsidy” refers to a payment or grant made by an government, organization, or individual to support a business, industry, or activity that is considered to be in the public interest. Subsidies are often used to help a specific group or industry that might not be viable or profitable on its own, but is deemed important for various reasons such as national security, economic growth, or social welfare.
In general, a subsidy is a financial benefit provided by one entity to another, often in the form of grants, loans, or tax breaks, to help the recipient achieve a specific goal or objective. Subsidies can be used to:
1. Encourage economic development in a particular region or industry
2. Support small businesses or start-ups
3. Protect domestic industries from foreign competition
4. Promote social welfare or alleviate poverty
5. Boost voter support or popularity among a specific group
Some common examples of subsidies include:
1. Agricultural subsidies: Governments may provide subsidies to farmers to support farming practices, reduce food prices, or promote domestic food production.
2. Corporate subsidies: Governments may provide subsidies to large corporations to encourage investment, job creation, or innovation.
3. Education subsidies: Governments may provide subsidies to students, universities, or educational institutions to promote access to education or reduce student debt.
4. Energy subsidies: Governments may provide subsidies to energy companies, consumers, or research institutions to promote energy production, conservation, or research.
Overall, subsidies can have both positive and negative effects on the economy and society. While they can help promote certain industries or activities, they can also distort market competition, lead to waste or inefficiency, or create unintended consequences.
Translation of ‘Subsidy ‘ in Tamil:
மானியம்
Examples:
- Here are three unique example sentences using the word ‘subsidy’:
- 1. The government provided a subsidy to the struggling farmers to help them recover from the devastating drought, which had destroyed a significant portion of their crop.
- 2. The new public transportation system was heavily reliant on a subsidy from the city council to keep fares affordable and encourage more people to abandon their cars and use the buses instead.
Synonyms:
while a “subsidy” might imply an ongoing financial support., a “grant” might imply a one-time payment, Here are some synonyms for the word “subsidy”:
1. Aid
2. Grant
3. Allocation
4. Bursary
5. Donation
6. Assistance
7. Support
8. Endowment
9. Provision
10. Dole
11. Concession
12. Allowance
13. Grant-in-aid
14. Subvention
15. Contribution
Note that some of these words may have slightly different connotations or nuances depending on the context in which they are used. For example
Antonyms:
which is opposite to a subsidy that reduces costs.
5. Penalty: A penalty is a fine or punishment for non-compliance, or amount, which is opposite to a subsidy that reduces costs.
It’s worth noting that antonyms can sometimes be context-dependent, which is the opposite of a subsidy that reduces costs.
3. Hike: A hike refers to an increase in price or cost, which is opposite to a subsidy that provides financial support.
6. Taxation: Taxation is the process of imposing taxes or duties, Here are some antonyms for the word “Subsidy”:
1. Surcharge: A surcharge is a charge or fee added to a price, cost, which is the opposite of a subsidy that reduces costs.
4. Increase: An increase refers to a rise in price, which is opposite to a subsidy that reduces costs.
7. Fee: A fee refers to a charge or payment for a service, and different antonyms may be more or less suitable depending on the specific situation., which is opposite to a subsidy that reduces costs.
8. Premium: A premium is an additional cost or charge, which is opposite to a subsidy that reduces the cost.
2. Tariff: A tariff is a tax or duty imposed on a product
Related Words: