Global Trade Alert
Global Trade Alert

India: Package announced to subsidise urea and market organic fertilizers

Announcement

28 Jun 2023

On 28 June 2023, the Indian Cabinet Committee on Economic Affairs approved a support package for farmers.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Jun 2023

Revocation date:

No revocation date

Announced: 28 Jun 2023
Production subsidy In force
On 28 June 2023, the Indian Cabinet Committee on Economic Affairs approved INR 1'451.84 crore (USD 177 million) for the promotion of organic fertilizers under the Market Development Assistance (MDA) ...
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Implementation date

28 Jun 2023

Revocation date:

31 Mar 2025

Announced: 28 Jun 2023
Price stabilisation
On 28 June 2023, the Indian Cabinet Committee on Economic Affairs committed INR 367'676.7 crore (USD 44.84 billion) for subsidising urea for the years 2022-23 to 2024-25. According to the 2023-2024 bu...
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