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Global Trade Alert

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India: Subsidy for potash derived from molasses introduced under nutrient based subsidy scheme

Description

On 14 October 2021, the Indian Ministry of Chemicals and Fertilizers announced subsidies for potash derived from molasses. The subsidy is provided under the Nutrient Based Subsidy (NBS) scheme wherein...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Oct 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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