On the Economics of Subsidies with a special note on fuel (HSO)subsidy for deepsea fishing vessels

Vijayakumaran, K (1992) On the Economics of Subsidies with a special note on fuel (HSO)subsidy for deepsea fishing vessels. Fishing Chimes, 12 (5). pp. 29-32.

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Abstract

Subsidy is considered as negative tax in economic parlance. As tax imposed on a given product discourages (or is expected so) its production and consumption, a subsidy produces a reverse effect. Subsidy is a transfer payment. Hence it is not included in national product or income. But as far as expenditure is concerned, it becomes a part and parcel of the sources of financs to be spent on goods and services produced.

Item Type:Article
Uncontrolled Keywords:Economics; Subsidies; fuel subsidy; deepsea fishing vessels
Subjects:Socio Economic and Extension
Divisions:CMFRI-Cochin > Fishery Extension
ID Code:8274
Deposited By:Arun Surendran
Deposited On:19 Apr 2011 17:13
Last Modified:19 Apr 2011 17:13

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