Markets and Trade
AreaIndia
Commodity GroupRice
CommodityAll
Date04/08/2014
Policy CategoryProduction
Policy InstrumentProduction support
DescriptionDecided to extend a 50% subsidy on the cost of diesel to farmers affected by drought and deficient rains and to raise ceilings on seed subsidies by 50% to Rupees 1500-7500 (USD 25-123) per 100 kilograms, as part of measures put in place to support producers affected by rainfall shortfalls and to lessen the impact of adverse weather on production.
NotesExchange rate as of 15 September 2014.