Implicit Budgetary Subsidies as Unrecovered Costs and Environment: An Empirical Study of Haryana

Puntos clave

• This research aims to explore the concept of implicit budgetary subsidies and their effects on environmental costs in Haryana.
• Conducted an empirical study focusing on budgetary practices in Haryana.
• Analyzed the correlation between unrecovered costs and environmental impacts.
• Utilized financial data and environmental metrics to assess implications.
• Identified a direct relationship between implicit subsidies and increased environmental costs.
• Documented that unrecovered costs significantly affect local ecosystems.
• Highlighting the need for policy reforms to address hidden financial burdens.