A subsidy is a form of financial assistance provided by the government or other organizations to individuals, businesses, or organizations to promote certain economic or social objectives. Subsidies can take various forms, such as cash payments, tax breaks, or below-market loans.
Subsidies are often used to support specific industries or sectors of the economy, such as agriculture, renewable energy, or research and development. They can also be used to promote social welfare, such as providing financial assistance for healthcare, education, or housing.