Announcement
11 Nov 2020
India has announced an additional stimulus package to support the economy 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
12 Nov 2020
Revocation date:
No revocation date
Announced: 11 Nov 2020
State aid, unspecified
In force
On 12 November 2020, the Indian Finance Minister, as part of a stimulus package to support the economy affected by the COVID-19 pandemic, announced a INR 10,200 crore (~ USD 1.36 billion) budget stimu...
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Announced: 11 Nov 2020
Trade finance
In force
On 12 November 2020, the Indian Finance Minister as part of a stimulus package to support the economy affected by the COVID-19 pandemic, announced that INR 3000 crore (~USD 402.74 million) will be ext...
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Implementation date
12 Nov 2020
Revocation date:
29 Sep 2021
End prolongation: 30 Sep 2021
Loan guarantee
On 12 November 2020, the Indian Finance Minister extended coverage under the Emergency Line Credit Guarantee Scheme (ECLGS) to additional 26 stressed sectors and the health sector, without any change ...
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Implementation date
01 Oct 2020
Revocation date:
31 Mar 2021
Prolonged: 01 Jul 2021
Tax or social insurance relief
On 12 November 2020, the Indian Minister of Finance announced a scheme to temporarily subsidize the contributions to the Employee Provident Fund Organization (EPFO) by the employer and the employee. T...
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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 (May 2020)
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