Global Trade Alert
Global Trade Alert

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India: Trade implications of the 2020-21 budget

Description

On 1 February 2020, the Indian Finance Minister announced the Annual Budget for the Financial year 2020-2021. As part of the Budget, a new scheme, called NIRVIK or "Export Credit Insurance Scheme", to...

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Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

02 Feb 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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