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Global Trade Alert

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India: Minimum support prices increased for Winter crops sown in 2023-2024

Description

On 18 October 2023, the Indian Cabinet Committee on Economic Affairs approved an increase in the Minimum Support Price (MSP) for several Rabi crops for the 2023-2024 season (marketing season 2024-25)....

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Oct 2023

Revocation date

30 Jun 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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