Announcement
28 Jun 2021
On 28 June 2021, the Indian Finance & Corporate Affairs Ministry announced several measures to provide relief to sectors affected by the COVID-19 pandemic.
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Number of interventions
5
5 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
28 Jun 2021
Revocation date:
No revocation date
Updated: 28 Jun 2021
Loan guarantee
In force
<p>On 28 June 2021, the Indian Finance Minister announced a scheme titled the "Loan Guarantee Scheme for COVID Affected Sectors". Under the scheme, loan guarantees will be provided on ...
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Updated: 28 Jun 2021
Trade finance
In force
<p>On 28 June 2021, the Indian Finance Minister announced capital infusion in the National Export Insurance Account (NEIA) and the Export Credit Guarantee Corporation (ECGC). T...
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Updated: 28 Jun 2021
Interest payment subsidy
In force
<p>On 28 June 2021, the Indian Finance Minister as part of a package for the economy affected by COVID-19 announced loans at a reduced rate of interest for all sectors. Under the package, loans ...
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Implementation date
28 Jun 2021
Revocation date:
31 Mar 2023
Updated: 28 Jun 2021
Loan guarantee
<p>On 28 June 2021, the Indian Finance Minister announced additional funding under a loan guarantee scheme titled the "Emergency Credit Line Guarantee Scheme (ECLGS)". The scheme will ...
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Implementation date
07 May 2021
Revocation date:
31 Mar 2022
Updated: 28 Jun 2021
Loan guarantee
<p>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 loa...
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Related State Acts
29 Sep 2021
India: Support under credit guarantee scheme increased (September 2021)
31 Mar 2021
India: Credit guarantee scheme extended to additional sectors in response to the COVID-19 pandemic
11 Nov 2020
India: Package announced to support the economy in response to the COVID-19 pandemic (November 2020)
12 May 2020
India: Package announced to support the economy in response to the COVID-19 pandemic (May 2020)
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