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Description
On 24 September 2025, the Indian Union Cabinet of Ministers approved a Shipbreaking Credit Note scheme with an allocation of INR 4'001 crore (approx. USD 450 million). The scheme will provide a credit...
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Intervention Details
Intervention Type
State aid, nes
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
24 Sep 2025
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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