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

Description

On 9 April 2021, the Government of India approved a scheme for providing incentives to the food processing industry. Out of the total budget of the scheme, INR 1500 crore (~ USD 200.7 million)* has be...

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Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

09 Apr 2021

Revocation date

31 Mar 2027

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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