What's the difference between subsidy and welfare?

Subsidy


Definition:

  • (n.) Support; aid; cooperation; esp., extraordinary aid in money rendered to the sovereign or to a friendly power.
  • (n.) Specifically: A sum of money paid by one sovereign or nation to another to purchase the cooperation or the neutrality of such sovereign or nation in war.
  • (n.) A grant from the government, from a municipal corporation, or the like, to a private person or company to assist the establishment or support of an enterprise deemed advantageous to the public; a subvention; as, a subsidy to the owners of a line of ocean steamships.

Example Sentences:

  • (1) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
  • (2) The biggest single source of air pollution is coal-fired power stations and China, with its large population and heavy reliance on coal power, provides $2.3tn of the annual subsidies.
  • (3) The statistics underline the significant strides being taken by the industry to meet a government drive to reduce Britain's carbon emissions, although the scale of renewable energy subsidies remains controversial.
  • (4) Under pressure from many backbenchers, he has tightened planning controls on windfarms and pledged to "roll back" green subsidies on bills, leading to fears of dwindling support for the renewables industry.
  • (5) In Australia there are taxpayer subsidies to keep these plants open, whereas in the US, China and parts of Europe, the government is taking actual direct action to close them down,” Cousins said.
  • (6) The environment secretary, Liz Truss , has stripped farmers of subsidies for solar farms, saying they are a “blight” that was pushing food production overseas.
  • (7) The US farm bill is a multi-billion dollar piece of legislation that controls the federal government's spending on farm subsidies, food for the domestic poor, agriculture conservation programmes, and overseas food aid , among other things.
  • (8) He asked for details of farm subsidies paid to opposition politicians including the Welsh Tory leader, Andrew RT Davies, the Welsh Liberal Democrat chief, Kirsty Williams, and Plaid Cymru's Llyr Huws Gruffydd.
  • (9) But an industrialist embedded in his department told the Guardian that ministers were now internally questioning renewable power and other schemes that involved substantial public subsidies.
  • (10) That means eliminating fossil fuel subsidies as well.
  • (11) Families indicated that the subsidy was very helpful in meeting special needs and had improved family life, eased financial worries, and reduced stress.
  • (12) It is likely most simply cannot afford full unsubsidized premiums.” Similarly, an analysis by the Urban Institute predicts that many of those who will lose their subsidies won’t be able to afford it without them and will cancel their insurance as a result.
  • (13) In 2004, the dispute settlement body , the "judicial branch" of the WTO, ruled that the US had to reform its cotton subsidies or face "retaliation" from Brazil.
  • (14) They envisage cuts in farm support payments of more than €150,000 a year, with a cap set at €300,000, in order to devote more subsidy to smaller, family-run farms and ensure a fairer distribution of funds.
  • (15) Plus, unlike planet-screwing fossil fuels, solar could actually be subsidy-free in a few years.
  • (16) Npower blamed its planned rises on increases in wholesale gas and electricity costs and the cost of delivering government policies, such as smart metering and subsidies for renewable energy.
  • (17) A spokesman for SSE said: "It is unclear what subsidy is required to make investment in new nuclear work.
  • (18) UK renewable energy industry warns of legal action over subsidies Read more But the secretary of state is tasked with the destruction of this industry.
  • (19) It might sound like chump change, but the PTC alone amounts to $1 billion a year, and industry advocates insist that wind would hit the doldrums without these subsidies.
  • (20) Revealing how far taxpayers fund the private sector is not the same thing as saying the private sector should not receive any public subsidy at all.

Welfare


Definition:

  • (n.) Well-doing or well-being in any respect; the enjoyment of health and the common blessings of life; exemption from any evil or calamity; prosperity; happiness.

Example Sentences:

  • (1) This "paradox of redistribution" was certainly observable in Britain, where Welfare retained its status as one of the 20th century's most exalted creations, even while those claiming benefits were treated with ever greater contempt.
  • (2) The heretofore "permanently and totally disabled versus able-bodied" principle in welfare reforms is being abbandoned.
  • (3) The chancellor confirmed he would bring in a welfare cap of £119.5bn, with the state pension and unemployment benefits exempted from this.
  • (4) A new type of artificial blood, pyridoxylated hemoglobin-polyoxyethylene conjugate (PHP) solution, (developed by PHP research group of the department of health and welfare of Japan, and produced by Ajinomoto Co., Inc. Tokyo) as an oxygen-carrying component, has been recently devised using hemoglobin obtained from hemolyzed human erythrocytes.
  • (5) The public finance forecasts are linked to those growth predictions, since stronger growth means healthier tax receipts and lower spending on unemployment benefit and other welfare measures.
  • (6) Pensioners, like those in receipt of long-term social welfare payments or those who can prove they cannot provide their heating needs during winter, are entitled to a means-tested weekly winter fuel allowance of €20 (£ 14.54) per household.
  • (7) Thatcher made changes to the UK's tax system, some changes to welfare, and many to the nature of British jobs, both through privatisation and economic liberalisation – not least in her battle with the unions.
  • (8) Repeat patients were more likely to threaten to harm others, have a diagnosis of adjustment disorder, conduct or oppositional disorder and be under the care of a child welfare agency.
  • (9) We need welfare changes that help get our economy growing again, not changes that will entrench unemployment and dependency further."
  • (10) Jamat-ud Dawa, the social welfare wing of LeT, has been blacklisted in the wake of the Mumbai attacks although it continues to function.
  • (11) Lynn Kramer, the zoo's vice-president of animal operations and welfare, said five lions were typically in the exhibit and have never appeared to endanger each other before.
  • (12) Nowadays, many of the core welfare state functions have been devolved to the Scottish parliament.
  • (13) Also in June, a former welfare minister, Shlomo Benizri , was jailed for four years for taking bribes while in office.
  • (14) In two experimental subdistricts, researchers observed the work of family welfare assistants (FWAs), the female family planning field-workers, to determine the duration and frequency of their home visits with village women and the content of their exchanges.
  • (15) Iain Duncan-Smith, the new welfare secretary, said it was if the two parties had been working together for years.
  • (16) Personal attendants (welfare assistants) could be allocated to each of the more severely handicapped children.
  • (17) But in April, this was reduced to 70% as ministers tried to slash the welfare bill.
  • (18) It shows that while accessibility in the study area improved between 1979 and 1982 through the establishment of more dispensaries and maternity and child-welfare centres, the relative efficiency of locations has remained low.
  • (19) The government is considering ending the annual inflation-linked rise in benefits as part of the drive to find additional savings in the welfare budget, according to the BBC .
  • (20) Welfare cuts are now becoming a matter of life or death | Letters Read more But government sources suggested the political pressures on Osborne, who has been criticised publicly by a series of Tory MPs, suggest he will act more flexibly and direct substantial resources to softening the impact of the cuts.