Through My Glasses

A ccording to   wikipedia.org , a subsidy is a form of financial aid or support extended to an economic sector (or  institution , business, or individual) generally with the aim of promoting economic and social policy. Subsidies come in various forms and can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/Production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. In simple terms, fuel subsidy is when government keeps the price of fuel low by bearing part of cost.  Subsidies commonly reduce the price of goods (in this case, fuel) and services to the consumer. Whether subsidies are positive or negative is typically a prescriptive judgment. As a form of economic intervention, subsidies are inherently contrary to the market's demands.  Some have argued that subsidies can also be used a