By guaranteeing that people have access to necessities, subsidies can aid in economic stabilisation, particularly for the impoverished in rural areas. Subsidies may, however, promote unsustainable activities if they are poorly targeted. Additionally, restrictions and notable differences exist in the government’s subsidies for individuals and various organisations. The concept of funding a single person’s project frequently results in debt for the family as well as problems with credit and repayments. For both people and groups that do not fall under the purview of corporate autonomy, the evaluation process frequently provides a grace percentage for failure that is roughly the same. Research shows that providing funds is not exactly the same challenge as allocating funds. There is also very little investment in providing adequate training and knowledge to the vulnerable groups in poverty-ridden and low literacy areas, which could increase their chances of succeeding in business and easing the burden for repayments. Read about Key Challenges for the rural poor to sustain livelihood subsidies in the link below:
Key Challenges for rural poor in attaining livelihood subsidies
