Announcement
01 Feb 2023
The Indian government has amended the support under various programmes as part of the 2023-2024 budget.
Source
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Number of interventions
34
31 certainly harmful
0 likely harmful
3 liberalising
List of interventions
21 in force
Implementation date
01 Apr 2023
Revocation date:
No revocation date
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 ...
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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...
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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...
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Capital injection and equity stakes (including bailouts)
In force
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...
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Capital injection and equity stakes (including bailouts)
In force
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...
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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...
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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. ...
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Capital injection and equity stakes (including bailouts)
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 allocation of INR 30'000 crore (USD 3.67 billion) as capital support for ...
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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...
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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...
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Capital injection and equity stakes (including bailouts)
In force
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 ...
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Financial grant
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 allocation of a grant of INR 2'218 crore (USD 270 million) for Bharat San...
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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...
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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 f...
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Financial grant
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 the Semi-Conductor Laboratory (SCL) from INR 320...
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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...
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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 ...
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Capital injection and equity stakes (including bailouts)
In force
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...
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Capital injection and equity stakes (including bailouts)
In force
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...
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Capital injection and equity stakes (including bailouts)
In force
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...
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Financial grant
In force
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...
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Capital injection and equity stakes (including bailouts)
In force
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 ...
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Capital injection and equity stakes (including bailouts)
In force
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 ...
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Capital injection and equity stakes (including bailouts)
In force
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...
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Capital injection and equity stakes (including bailouts)
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...
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Capital injection and equity stakes (including bailouts)
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...
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Capital injection and equity stakes (including bailouts)
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...
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Capital injection and equity stakes (including bailouts)
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 1’800 crore (USD 218.84 million) for Indradhanush Gas Grid Li...
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Financial grant
In force
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...
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Financial grant
In force
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...
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Capital injection and equity stakes (including bailouts)
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 investment of INR 19’592 crore (USD 2.38 billion) in National High Speed ...
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Implementation date
01 Apr 2023
Revocation date:
No revocation date
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 urea by f...
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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...
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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...
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Related State Acts
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India: Interest Equalisation Scheme - interest subsidy for exporters announced
20 Apr 2016
India: Subsidy under rooftop solar PV projects scheme with localization requirement
12 Dec 2014
India: Financial assistance for development of solar power projects
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30 Jun 2021
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India: Remission of duties and taxes on exports extended to additional goods
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08 Dec 2023
India: Additional funding approved for the interest equalisation scheme
12 Mar 2024
India: Increased budget for a payment scheme to incentivise digital payments
24 Dec 2023
India: Revised budgets for government programmes in the year 2023-2024 (December 2023)
15 Feb 2024
India: Revised budgets for government programmes in the year 2023-2024 (February 2024)
01 Feb 2024
India: Interim budget for the year 2024-2025
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