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Global Trade Alert

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India: Interim budget for the year 2024-2025

Description

On 1 February 2024, the Indian Finance Minister reduced the annual budget for providing financial support to urea (indigenous and imported) purchased by farmers under the Department of Fertilizers for...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2024

Revocation date

31 Mar 2025

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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