Indian Economy
Deficit financing leads to inflation in general, but it can be checked if

all the expenditure is denoted national debt payment only
only aggregate demand is increased
government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
All of the listed here

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Indian Economy
Subsidies mean

payment by government for purchase of goods and services
payment made by business enterprises to factors of production
payment made by the government to business enterprises, without buying any goods and services
payment made by companies to shareholders

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