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India: Package announced to support the economy in response to the COVID-19 pandemic (May 2020)

Description

On 12 May 2020, the Indian Prime Minister announced a package worth INR 2 million crores (~ USD 266.34 billion) to support the economy affected by the COVID-19 pandemic. As part of the package, the fo...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 May 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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