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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 an INR 10,900 crore (~ USD 1.46 billion)incentive scheme for Food Processing Industries. The scheme provides a production subsidy on sales of certain ...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

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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