Global Trade Alert
Global Trade Alert

India: Credit guarantee scheme extended to additional sectors in response to the COVID-19 pandemic

Announcement

31 Mar 2021

India has extended a credit guarantee to additional sectors in response to the COVID-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Mar 2021

Revocation date:

31 Mar 2023

Updated: 31 Mar 2021
Loan guarantee

On 31 March 2021, the Ministry of Finance announced the Emergency Credit Line Guarantee Scheme (ECLGS) 3.0 to extend the original ECLGS scheme to businesses in the Hospitality, Travel & Tourism...

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