Indian Economy
The current price index (base 1960) is nearly 330. This means that

the prices of certain selected items have gone up to 3-3 times
gold price has gone up 3-3 times
none of the listed here
weighted means of prices of certain item has increased 3-3 times

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Indian Economy
Subsidies mean

payment made by the government to business enterprises, without buying any goods and services
payment made by business enterprises to factors of production
payment made by companies to shareholders
payment by government for purchase of goods and services

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