Global Trade Alert
Global Trade Alert

India: Increase in fertilizer subsidy for the Rabi season 2023-2024 (October 2023 -March 2024)

Announcement

25 Oct 2023

On 25 October 2023, the Indian Union Cabinet of Ministers approved a reduced subsidy on fertilizers for the Rabi crop season 2023-2024.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

25 Oct 2023

Revocation date:

30 Sep 2024

Last action: 25 Oct 2023
Production subsidy
On 25 October 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 Rabi (monsoon) season ...
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Implementation date

25 Oct 2023

Revocation date:

31 Mar 2025

Last action: 25 Oct 2023
Price stabilisation
On 25 October 2023, the Indian Union Cabinet of Ministers approved a decrease in the rates of subsidy on constituents of fertilizer that will be applicable for the rabi (winter) agriculture season fro...
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