India: Changes to programmes announced as part of the 2025-2026 budget

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, increased the allocation for the Pradhan Mantri Annadata Aay Sanrakshan Yojna (PM-AASHA) scheme from INR 6'437....

Financial grant In force

On 1 February 2025, the Indian government announced an increased annual budget estimate for grid-connected solar power projects under the Ministry of New and Renewable Energy for the year 2025-2026...

Tax-based export incentive In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, estimated an allocation of INR 10'170 crore (USD 1.17 billion) for the Rebate on State and Central Ta...

Tax-based export incentive In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, estimated an allocation of INR 18'232.50 crore (USD 2.11 billion) under the Remission of Duties and T...

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, increased the allocation for the Pradhan Mantri Annadata Aay Sanrakshan Yojna (PMAASHA) scheme from INR 6'437.5...

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, increased the allocation for the Pradhan Mantri Annadata Aay Sanrakshan Yojna (PM-AASHA) scheme from INR 6...

Implementation date

01 Apr 2025

Revocation date:

No revocation date

Financial grant In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a grant of INR 300 crore (USD 34.65 million) in favour of Chenab Valley Power Projects Limited for th...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced an investment of INR 500 crore (USD 57.76 million) for Convergence Energy Services Ltd.

Convergence Ene...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a capital support of INR 3'000 crore (USD 346.54 million) for the National Investment and I...

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a provision of INR 300 crore (USD 34.65 million) as a feedstock subsidy for Brahmaputra Cracker and Polyme...

State aid, unspecified In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, estimated a budget of INR 500 crore (USD 57.76 million) for the Semi-Conductor Laboratory (SCL). Further, a budget of INR...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a provision of INR 7'389 crore (USD 853.53 million) for investment in Nuclear Power Corporation of In...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a provision of INR 374 crore (USD 43.20 million) for investment in Bharatiya Nabhikiya Vidyut Ni...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a provision of INR 745.50 crore (USD 86.12 million) for investment in Munitions India Limited.

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the government, as part of the 2025-2026 budget, announced a provision of INR 228 crore (USD 26.34 million) for investment in Yantra India Limited.

The company ...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a provision of INR 329 crore (USD 38 million) for investment in Advanced Weapons and Equipment India Limited.

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a provision of INR 173 crore (USD 19.98 million) for investment in Armoured Vehicles Nigam Limited (AVANI)...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget for the Department of Telecommunications, estimated a capital infusion of INR 33'757.58 crore (USD 3.90 billion)...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, estimated a financial relief/infusion of INR 105.50 crore (USD 12.19 million) in Indian Telephone Industries Li...

Capital injection and equity stakes (including bailouts) In force

On 1 February 2025, the Indian government estimated an allocation of INR 1'025.51 crore (USD 118.46 million) in favour of Air India Asset Holding Limited under the Ministry of C...

Implementation date

01 Apr 2025

Revocation date:

31 Mar 2026

On 1 February 2025, the Indian government reduced the annual budget for providing financial support to phosphatic and potassic fertilisers (indigenous and imported) purchased by farmers for th...

On 1 February 2025, the Indian government reduced the annual budget for providing financial support for phosphatic and potassic fertilizers (indigenous and imported) purchased by farmers for t...

On 1 February 2025, the Indian government reduced the annual budget for providing financial support to urea (indigenous and imported) purchased by farmers under the Department of Fertilizers f...

On 1 February 2025, the Indian government reduced the annual budget for providing financial support for urea (indigenous and imported) purchased by farmers for the year 2025-2026. Th...

On 1 February 2025, the Indian government reduced the annual budget estimate for the Pradhan Mantri Fasal Bima Yojana under the Department of Agriculture and Farmers Welfare for the year ...

Localisation, nes In force

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a provision of INR 437 crore (USD 50.48 million) for the promotion of digital payments in the year 20...

Implementation date

31 Dec 2020

Revocation date:

31 Dec 2020

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, estimated a budget of INR 431.63 crore (USD 49.86 million) as a one-time payment of arrears under the merchandise ex...

Implementation date

31 Mar 2020

Revocation date:

31 Mar 2020

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, estimated a budget of INR 1'026.54 crore (USD 118.58 million) as a one-time payment of arrears under ...

Implementation date

31 Mar 2015

Revocation date:

31 Mar 2015

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, estimated a budget of INR 221.15 crore (USD 25.55 million) as a one-time payment of arrears under the increment...

Implementation date

No implementation date

Revocation date:

No revocation date

State aid, nes

On 1 February 2025, the Indian Finance Minister as part of the 2025-2026 budget announced an allocation of INR 20'000 crore (USD 2.31 billion) under the "Research, Development and Innovat...

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, allocated INR 100 crore (USD 11.55 million) for the setup of a Makhana Board (fox nuts or lotus seeds). The type of state...

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, allocated INR 500 crore (USD 57.76 million) for support under the Mission for Vegetables and Fruits. The details of the s...

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a new scheme titled the Mission for Aatmanirbharta in Pulses that will be effective for 6 years....

On 1 February 2025, the Indian government, as part of the 2025-2026 budget, announced a new scheme titled the Cotton Technology Mission that will be effective for 5 years. A budget of INR 500 ...