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India: Debt restructuring package for the textile industry

Description

On 29 May 2012, the Ministry of Textiles approveda INR 35,000 crores (USD 6 billion) restructuring package for the debt owed by the domestic textile industry. The applications will be considered on a ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 May 2012

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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