This is financial assistance from the government to encourage the production of or the purchase of a good is called as Subsidy.
An industry may get financial assistance from the government in the form of incentives or subsidies, usually with the aim of furthering economic and social goals. The term "subsidy" can apply to any type of aid, including that given by NGOs or as implicit subsidies, even though it is often given by the government. Subsidies come in a variety of forms, both direct and indirect.
A subsidy for consumption is one that assistance consumer behavior. The governments of developing nations are more likely to subsidize necessities like food, water, power, and education because they believe that everyone should have access to these necessities, no matter how poor they may be. Subsidies to producers or consumers are the most prominent kind of subsidies.
The complete question is, "This is financial assistance from the government to encourage the production of or the purchase of a good is called as _______ ."
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