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India: Production linked incentive scheme announced for the food processing industry

Description

On 9 April 2021, the Indian government approved production incentives worth INR 9040 crore (~ USD 1.21 billion) for manufacturing certain food products. The incentives are part of the "Production Lin...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Apr 2021

Revocation date

31 Mar 2027

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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