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Global Trade Alert

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India: Minimum support prices for monsoon crops 2024 increased

Description

On 19 June 2024, the Indian Cabinet Committee on Economic Affairs approved an increase in the Minimum Support Price (MSP) for several Kharif crops for the 2024 cropping season. Kharif is the monsoon c...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jul 2024

Revocation date

31 Oct 2024

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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