Achievements of Subsidies
- Each unit should design a strategy for staff reduction that includes limiting new hires, planning for worker redeployment, and implementing voluntary and occasionally required retirement plans.
- It is important to continue researching subcontracting, unbundling, and privatization strategies for the private provision of publicly funded private products.
- Education, sports, and the arts and humanities get more than one-fifth of non-merit social subsidies.
- Irrigation makes up over a quarter of economic services, whilst power makes up about 12%.
- State public firms receive substantial subsidies, yet there is very little return in the form of interest or dividends.
Conclusion:
Overall, the subsidy program benefits a large number of people across the country. It is simple for MSME dealers to do business, farmers receive assistance in farming, and equipment purchases are accessible, as well as low-cost financing. Loans to the impoverished are also introduced to the mainstream as a result of this.