Global Trade Alert
Global Trade Alert

India: Fertilizer subsidy reduced for the Kharif season 2023-24 (April - September)

Announcement

17 May 2023

The Indian government has announced a decrease in the rates of subsidy on fertilizers for the 2023-24 Kharif season.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Apr 2023

Revocation date:

30 Sep 2023

Last action: 17 May 2023
Production subsidy
On 17 May 2023, the Indian Union Cabinet of Ministers approved a reduction in the rates for subsidy on nitrogen, potash, phosphate, and sulphur in fertilizer sold during the Kharif (monsoon) season 20...
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Last action: 17 May 2023
Price stabilisation
On 17 May 2023, the Indian Union Cabinet of Ministers reduced the rates of subsidy on the constituents of fertilizer that will be applicable for the kharif (monsoon) agriculture season from 1 April 20...
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