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India: Additional funds approved for providing interest subsidy for the production of ethanol by sugar mills

Description

On 7 March 2019, the Cabinet Committee on Economic Affairs (CCEA) approved an additional INR 2790 crore (~ USD 417 million) towards the interest subvention scheme for incentivising the production of e...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Mar 2019

Revocation date

14 Oct 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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