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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

Graph

Table

Affected Sectors

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Affected Products

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