Announcement
24 Dec 2022
On 24 December 2022, the Indian Ministry of Law and Justice notified the Appropriation (No. 5) Act, 2022. The Act approves the provision of an additional INR 435'938 crore (USD 52.73 billion) to the budget for the year 2022-2023.
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Number of interventions
9
9 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Dec 2022
Revocation date:
No revocation date
Updated: 24 Dec 2022
Financial grant
In force
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified a financial grant of INR 245 crore (USD 29.64 million) in favour of the Numaligarh Refin...
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Updated: 24 Dec 2022
Equity stake
In force
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified an equity infusion of INR 400 crore (USD 48.38 million) in the Industrial Finance Corpor...
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Updated: 24 Dec 2022
State aid, unspecified
In force
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified state support of INR 1'600 crore (USD 193.54 million) for the restructuring of Mahanagar...
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Updated: 24 Dec 2022
Equity stake
In force
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified an equity infusion of INR 3'013 crore (USD 364 million) in Bharat Sanchar Nigam Limited ...
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Updated: 24 Dec 2022
In-kind grant
In force
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified an allocation of 900 MHz spectrum, valued at INR 30'156 crore (USD 3.65 billion), to Bha...
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Updated: 24 Dec 2022
Equity stake
In force
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified an additional investment of INR 788.23 crore (USD 95.35 million) in the Nuclear Power Co...
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Implementation date
24 Dec 2022
Revocation date:
31 Mar 2023
Updated: 24 Dec 2022
Financial grant
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified an additional provision of INR 368 crore (USD 44.51 million) financial grants for suppor...
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Updated: 24 Dec 2022
Financial grant
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified an additional provision of INR 398.97 crore (USD 48.26 million) financial grants for sup...
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Updated: 24 Dec 2022
Tax-based export incentive
On 24 December 2022, the Indian Ministry of Law and Justice through the Appropriation (No.5) Act, 2022 notified INR 208.92 crore (USD 25.27 million) as a one-time payment of arrears under the Rebate o...
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