Announcement
01 Feb 2024
On 1 February 2024, the Indian Finance Minister presented the annual budget estimates for the 2024-2025 years. On 15 February 2024, a vote on account Appropriation Act was passed to provide a provisional budget during the year of national elections in the country.
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Number of interventions
24
18 certainly harmful
0 likely harmful
6 liberalising
List of interventions
Implementation date
01 Apr 2024
Revocation date:
No revocation date
Updated: 01 Feb 2024
Financial grant
In force
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget estimated financial assistance of INR 568.58 crore (USD 68 million) in favour of Chenab Valley Power Projects Li...
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Updated: 01 Feb 2024
Capital injection and equity stakes (including bailouts)
In force
On 1 February 2024, the Indian Finance Minister estimated the annual budgeted capital infusion into the Aseem Infrastructure Finance Limited and NIIF Infrastructure Finance Limited f...
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Updated: 01 Feb 2024
State aid, unspecified
In force
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Ministry of Electronics and Information Technology (MEITY) estimated a budget of INR 540 crore (USD...
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Updated: 01 Feb 2024
Capital injection and equity stakes (including bailouts)
In force
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Department of Telecommunications estimated a capital infusion of INR 82'916.20 crore (USD 10 billio...
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Updated: 01 Feb 2024
Capital injection and equity stakes (including bailouts)
In force
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget estimated a financial relief/infusion of INR 168 crore (USD 20.24 million) in Indian Telephone Industries Limite...
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Updated: 01 Feb 2024
Capital injection and equity stakes (including bailouts)
In force
On 1 February 2024, the Indian Finance Minister estimated an allocation of INR 1'158.79 crore (USD 139.61 million) in favour of Air India Asset Holding Limited under the Ministry of ...
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Updated: 01 Feb 2024
Capital injection and equity stakes (including bailouts)
In force
On 1 February 2024, the Indian Finance Minister estimated the annual budgeted capital support for the Bharatiya Nabhikiya Vidyut Nigam Limited (BHAVINI) under the Department of Atomic Energy f...
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Updated: 01 Feb 2024
Capital injection and equity stakes (including bailouts)
In force
On 1 February 2024, the Indian Finance Minister estimated the annual budgeted capital support for the Nuclear Power Corporation of India Limited (NPCIL) under the Department of Atomi...
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Updated: 01 Feb 2024
Capital injection and equity stakes (including bailouts)
In force
On 1 February 2024, the Indian Finance Minister estimated the annual budgeted capital support for the National Investment and Infrastructure Fund Limited (Department of Economic Affa...
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Implementation date
01 Apr 2024
Revocation date:
31 Mar 2025
Updated: 01 Feb 2024
Tax-based export incentive
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Ministry of Finance (Indirect Taxes) estimated a budget of INR 9'246 crore...
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Updated: 01 Feb 2024
Trade finance
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Department of Economic Affairs estimated a budget of INR 3'849 crore (USD 463.73 million)...
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Updated: 01 Feb 2024
State loan
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Ministry of Cooperation announced a budget of INR 500 crore (USD 60.25 million) to be provided as f...
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Updated: 01 Feb 2024
State loan
On 1 February 2024, the Indian Finance Minister increased the annual budget estimate for the Modified Interest Subvention Scheme under the Department of Agriculture and Farmers Welfa...
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Updated: 01 Feb 2024
Financial grant
On 1 February 2024, the Indian Finance Minister announced an increased annual budget for off-grid bio-power projects under the Ministry of New and Renewable Energy for the year 2024-2025. The budge...
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Updated: 01 Feb 2024
Financial grant
On 1 February 2024, the Indian Finance Minister announced an increased annual budget estimate for grid-connected solar power projects under the Ministry of New and Renewable Energy for the year 202...
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Implementation date
01 Apr 2024
Revocation date:
30 Sep 2024
Updated: 01 Feb 2024
Tax-based export incentive
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Ministry of Finance (Indirect Taxes) estimated a budget of INR 16'575 crore (USD 2 b...
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Implementation date
01 Apr 2024
Revocation date:
03 Jan 2025
Updated: 01 Feb 2024
Other export incentive
On 1 February 2024, the Indian Finance Minister announced a reduced annual budget estimate for the interest equalisation scheme under the Department of Commerce for the year 2024-2025. The estimate...
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Updated: 01 Feb 2024
Production subsidy
On 1 February 2024, the Indian Finance Minister reduced the annual budget for providing financial support to phosphatic and potassic fertilzer (indigenous and imported) purchased by ...
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Updated: 01 Feb 2024
Price stabilisation
On 1 February 2024, the Indian Finance Minister reduced the annual budget for providing financial support on phosphatic and potassic fertilizers (indigenous and imported) purchased by far...
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Updated: 01 Feb 2024
Production subsidy
On 1 February 2024, the Indian Finance Minister reduced the annual budget for providing financial support to urea (indigenous and imported) purchased by farmers under the Department of Fertili...
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Updated: 01 Feb 2024
Price stabilisation
On 1 February 2024, the Indian Finance Minister reduced the annual budget for providing financial support on urea (indigenous and imported) purchase by farmers under the Department of Fertiliz...
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Updated: 01 Feb 2024
Production subsidy
On 1 February 2024, the Indian Finance Minister reduced annual budget estimate for Pradhan Mantri Fasal Bima Yojana under the Department of Agriculture and Farmers Welfare for the ye...
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Implementation date
31 Dec 2020
Revocation date:
31 Dec 2020
Updated: 01 Feb 2024
Other export incentive
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Ministry of Finance (Indirect Taxes) estimated a budget of INR 799.32 crore (USD 96.30 million...
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Implementation date
31 Mar 2020
Revocation date:
31 Mar 2020
Updated: 01 Feb 2024
Other export incentive
On 1 February 2024, the Indian Finance Minister as part of the 2024-2025 budget for the Ministry of Finance (Indirect Taxes) estimated a budget of INR 1'901 crore...
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Related State Acts
01 Feb 2025
India: Changes to programmes announced as part of the 2025-2026 budget
15 Feb 2024
India: Revised budgets for government programmes in the year 2023-2024 (February 2024)
24 Dec 2023
India: Revised budgets for government programmes in the year 2023-2024 (December 2023)
01 Feb 2023
India: Changes to programmes announced as part of the 2023-2024 budget
13 Mar 2020
India: Scheme approved for remission of duties and taxes on exported products
01 Apr 2015
India: New Foreign Trade Policy announced for years 2015-2020 and subsequently extended due to the COVID-19 pandemic
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