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On February 1, 2023, the Ministry of Finance, Government of India presented its annual Union Budget to the Lok Sabha (lower parliament house) for Indian fiscal year 2023/2024 (April 1-March 31). In its Finance Bill, 2023 (No. 02/2023-Customs), the Finance Ministry announced changes in customs and central excise duty rates for various commodities, including pecans.

The Ministry of Public Health (MOPH) Notification No.431 B.E. 2565 (2022) RE: Foods Derived from the Genetically Modified Organisms and Ministerial Notification No.432 RE: Labeling of GM Foods went into force on December 4, 2022.