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India: State guarantee on short-term loan taken by airline Air India

Description

According to reports by news and credit rating agencies, on 26 March 2020 Air India Limited secured short-term government-guaranteed bank loans worth INR 700 crore (~USD 93.45 million). These loans wi...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Mar 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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