DP 1982 - Non-recurring Subsidy
The Banking Tutor
Non-recurring Subsidy
A non-recurring subsidy is a one-time subsidy
that is given to a business to help it develop long-term solutions or to avoid
social problems. Non-recurring Subsidies benefit the subsidy recipient
throughout the allocation period.
Capital subsidy is example for Non-recurring Subsidy.
Sekhar Pariti
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