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India: Package announced to support the economy in response to the COVID-19 pandemic (June 2021)

Description

On 28 June 2021, the Indian Finance Minister announced the "Loan Guarantee Scheme for COVID affected Sectors (LCGAS)". As part of the scheme, loan guarantees will be provided on loans up to INR 50,000...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 May 2021

Revocation date

31 Mar 2022

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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