Global Trade Alert
Global Trade Alert

India: Production linked incentive scheme for millet based products announced

Announcement

23 Jun 2022

The Indian Ministry of Food Processing Industries has announced a production-linked incentive scheme for the sale of millet-based food products.

Source

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Number of interventions

5

3 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Apr 2026

Revocation date:

31 Mar 2027

Updated: 23 Jun 2022
Production subsidy

On 23 June 2023, the Indian Ministry of Food Processing Industries announced an 8% incentive on incremental sales of millet-based products for the year 2026-2027. This is lower than the 9% inc...

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Implementation date

01 Apr 2025

Revocation date:

31 Mar 2026

Updated: 23 Jun 2022
Production subsidy In force

On 23 June 2023, the Indian Ministry of Food Processing Industries announced a 9% incentive on incremental sales of millet-based products for the year 2025-2026. This is lower than the 10% inc...

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Implementation date

23 Jun 2023

Revocation date:

31 Mar 2027

Updated: 23 Jun 2022
Other export incentive In force

On 23 June 2023, the Indian Ministry of Food Processing Industries announced an incentive for exports of millet-based food products. Under the production-linked incentive scheme for millet-based fo...

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Updated: 23 Jun 2022
Local value added incentive In force

On 23 June 2023, the Indian Ministry of Food Processing Industries announced a local value-added incentive for millet-based products. Under the "production-linked incentive for millet-based product...

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Implementation date

23 Jun 2023

Revocation date:

31 Mar 2025

Updated: 23 Jun 2022
Production subsidy

On 23 June 2023, the Indian Ministry of Food Processing Industries announced a 10% incentive on incremental sales of millet-based products for the years 2022-2023 to 2024-2025. The incentive has be...

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