Announcement
12 May 2020
India has announced a stimulus package to support individuals and businesses affected by the COVID-19 pandemic.
Source
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Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
13 May 2020
Revocation date:
No revocation date
Announced: 12 May 2020
Financial investment support
In force
On 12 May 2020, the Indian Prime Minister announced a package to support the economy affected by the COVID-19 pandemic. To support the Micro, Small, and Medium Enterprises (MSMEs) a Fund of Funds with...
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Announced: 12 May 2020
Public procurement access
In force
On 12 May 2020, the Prime Minister of India announced a relief package in response to the COVID-19 pandemic. As part of the package, it was announced on 13 May 2020 by the Finance Minister that all go...
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Announced: 12 May 2020
Lending support
In force
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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Implementation date
13 May 2020
Revocation date:
29 Sep 2021
End prolongation: 30 Sep 2021
Loan guarantee
On 12 May 2020, the Indian Prime Minister announced a scheme titled the "Emergency Credit Line Guarantee Scheme (ECLGS)" to support the economy affected by the COVID-19 pandemic. As part of the scheme...
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Related State Acts
End prolongation: 31 Mar 2023
India: Support under credit guarantee scheme increased (September 2021)
End prolongation: 31 Mar 2023
India: Package announced to support the economy in response to the COVID-19 pandemic (June 2021)
End prolongation: 31 Mar 2023
India: Credit guarantee scheme extended to additional sectors in response to the COVID-19 pandemic
End prolongation: 30 Sep 2021
India: Package announced to support the economy in response to the COVID-19 pandemic (November 2020)
Announced: 15 May 2020
India: Issue of global tenders limited to only large public procurement contracts
Announced: 24 May 2017
India: Local procurement policy for government purchases
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