India: Changes to programmes announced as part of the 2023-2024 budget

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an investment of INR 19’592 crore (USD 2.38 billion) in National High Speed ...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a financial grant of INR 1’448 crore (USD 176.05 million) in favour of Chena...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a financial grant of INR 500 crore (USD 60.79 million) for Numaligarh Refine...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with support of INR 1’800 crore (USD 218.84 million) for Indradhanush Gas Grid Li...

Lending support In force

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with support of INR 1’000 crore (USD 121.58 million) for NIIF Infrastructure Fina...

Lending support In force

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with support of INR 1’000 crore (USD 121.58 million) for Aseem Infrastructure Fin...

Financial investment support In force

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with capital support of INR 1’998 crore (USD 242.92 million) for the National Inv...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a provision of INR 200 crore (USD 24.32 million) for investment in Yantra In...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a provision of INR 225 crore (USD 27.36 million) for investment in Advanced ...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a provision of INR 290 crore (USD 35.25 million) for investment in Armoured ...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The announcement was made on 1 February 2023 with a revenue budget of INR 383.57 crore (USD 46.63 million) in favour of Mahan...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a capital support of INR 250 crore (USD 30.40 million) for the India Post Pa...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a capital support of INR 200 crore (USD 24.32 million) for the Bharatiya Nab...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a capital support of INR 9’410 crore (USD 1.14 billion) for the Nuclear Powe...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an increased allocation for the Semi-Conductor Laboratory (SCL) from INR 320...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an allocation of a grant of INR 2'218 crore (USD 270 million) for Bharat San...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a capital infusion of INR 52'937 crore (USD 6.46 billion) in Bharat Sanchal ...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an allocation of INR 30'000 crore (USD 3.67 billion) as capital support for ...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a provision of INR 1'144.49 crore (USD 139 million) in favour of Air India A...

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 and included the injection of INR 641.16 crore (USD 78.33 million) in National Fe...

Production subsidy In force

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an increased allocation for feedstock subsidy of INR 392.06 crore (USD 47.81...

Implementation date

01 Apr 2023

Revocation date:

14 Feb 2024

State loan

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an increased allocation for the Modified Interest Subvention Scheme for the ...

Production subsidy

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an increased allocation for the Pradhan Mantri Fasal Bima Yojana for the yea...

Implementation date

01 Apr 2023

Revocation date:

31 Mar 2024

Production subsidy

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an increased allocation budget for activities to reach out to farmers for th...

Financial grant

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an increase in allocation under the Dairy Development Programme from INR 220...

Tax-based export incentive

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an allocation of INR 15'069.34 crore (USD 1.84 billion) for the Remission of...

Tax-based export incentive

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an allocation of INR 8'404.66 crore (USD 1.03 billion) for the Rebate on Sta...

Financial grant

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an increased allocation for supporting grid-connected solar power projects. ...

In-kind grant

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an increased allocation for activities to reach out to farmers for the year ...

Implementation date

01 Apr 2023

Revocation date:

11 Mar 2024

Localisation, nes

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an allocation of INR 1'500 crore (USD 183 million) for the promotion of digi...

Implementation date

01 Apr 2023

Revocation date:

07 Dec 2023

Other export incentive

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with an allocation of INR 2'932 crore (USD 358 million) under the interest equali...

Implementation date

01 Apr 2023

Revocation date:

23 Dec 2023

Price stabilisation

On 27 March 2023, the Indian Parliament approved the 2023-24 Union budget. The budget was announced on 1 February 2023 with a reduced allocation for providing subsidies on the consumption of phosphati...

Implementation date

01 Apr 2023

Revocation date:

31 Mar 2024