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Description
On 2 November 2018, the Indian Prime Minister announced certain initiatives to support the Micro, Small, and Medium Enterprises. Amongst these, an interest rate reduction scheme on loans was announced...
Intervention Details
Intervention Type
Interest payment subsidy
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
02 Nov 2018
Revocation date
31 Mar 2021
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
SMEs
Affected Sectors
Affected Products
See all
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