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Global Trade Alert

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India: Additional budget approved for the year 2022-2023 (December 2022)

Description

On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified an additional provision of INR 398.97 crore (USD 48.26 million) financial grants for sup...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Dec 2022

Revocation date

31 Mar 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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