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Global Trade Alert

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India: Subsidy for sugar mills for the season 2020-21

Description

On 16 December 2020, the Indian Cabinet Committee on Economic Affairs approved a subsidy of INR 3500 crore (~ USD 475.22 million) to assist the payment of dues to sugarcane farmers by the sugar mills....

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Intervention Details

Intervention Type

Export subsidy

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Oct 2020

Revocation date

20 May 2021

Implementation level

National

Affected flow

Outward subsidy

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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