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 Limited fo...
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Updated: 01 Feb 2024
Financial investment support
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 for the year 2024-2...
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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 65 million) ...
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Updated: 01 Feb 2024
Equity stake
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 billion) in Bharat ...
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Updated: 01 Feb 2024
Financial grant
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 Limited.
ITIL ...
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Updated: 01 Feb 2024
Debt purchase
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 Civil Aviation for...
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Updated: 01 Feb 2024
Equity stake
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 for the y...
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Updated: 01 Feb 2024
Equity stake
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 Atomic Energy for the y...
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Updated: 01 Feb 2024
Financial investment support
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 Affairs) for the year ...
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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 (USD 1.11 billion) for the Rebate on ...
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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) for "interest equalisa...
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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 financial assi...
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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 Welfare for the year 20...
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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 budget s...
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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 2024-2...
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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 billion) for the Remission of...
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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 ha...
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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 farmers under the ...
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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 farmers under th...
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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 Fertilizers for...
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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 Fertilizers for ...
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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 year 2024-2025. The ...
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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) as a one-time pa...
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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 (USD 229 million) as a one-time payme...
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