View example sentences, synonyms and word forms for Subvention.
Subvention meaning
A subsidy; provision of financial or other support. | The act of coming under. | The act of relieving, as of a burden; support; aid; assistance; help.
Example sentences (16)
Government has provided a subvention of $50,000 to support the work of the Carriacou Historical Society.
In March, both Williams and the State’s Principal Legal Advisor, Shoshanna Lall told the Court that the Government had reaffirmed its commitment to support the work of IDPADA-G and was therefore, prepared to reinstitute the subvention.
However, its modelling work shows that the financial case for reinstatement would require a 'very large increase in passenger numbers to avoid a further increase in subvention, based on current operating methods'.
In his avowed commitment to football development, Governor Bassey Otu of Cross River State has approved a 100 percent increment in the subvention to the State-owned soccer team, Rovers Football Club of Calabar.
It is in view of the above that ASUU-AKSU Branch calls for increment in subvention to the University to the tune of not less than N500 million in line with economic realities of the day,” the statement added.
Rs.105 crore under Antyodaya Gruha Yojana including Interest subvention.
The governor’s spokesman, Yinka Oyebode, in a statement, said with the increases, “the total subvention to higher institutions in the state has increased from N767.8m per month to N1.27bn”.
They cannot discharge most of their duties without a subvention,” he decried.
He said the Association also requested the government for interest subvention and issuing fresh working capital.
He said the government has taken several steps to promote MSME sector including 2 per cent interest subvention provided they have Udyog Aadhaar Number (UAN) and GST registration.
And unlike football that gets lots of subvention and grants from FIFA, we don’t get grants, period.
Mr Valentine Udeh, leader of the delegation, and Deputy Secretary General of OATUU, said the delegation came to discuss the review of subvention to OATUU by the Federal Government.
The proposal aims to encourage private entrepreneurs to purchase refrigerated vans in the State by providing 100 per cent interest subvention for their procurement.
The SLBWA receives a direct government subvention of some $95,000 annually.
This would serve the dual purpose of training inmates in modern practices of agricultural production and also help generate income to supplement government subvention to the Service.
To boost construction activity, the government would do well to extend the interest subvention scheme of 1% to total housing cost of up to ₹35 lakh.