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A report by the OECD reveals that Indian companies receive significantly less government subsidy compared to Chinese firms. Between 2005 and 2024, Chinese companies received 3 to 8 times more subsidies than OECD members and other nations like India, Brazil, and Indonesia. This massive financial support has helped China expand its global manufacturing market share by nearly 60%. The study analyzed 525 large companies across 15 sectors, considering factors like direct grants, tax breaks, and low-interest loans. https://sambad.in/india-and-beyond/indias-company-got-less-subsidy-12011501 #creator program
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