Global Trade Alert
Global Trade Alert

India: State assistance to Heavy Engineering Corporation Limited

Announcement

20 Sep 2013

In September 2013, the government of India announced a change in private-sector financial support.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Sep 2013

Revocation date:

No revocation date

Updated: 20 Sep 2013
Tax or social insurance relief In force
On 20 September 2013, the Cabinet Commitee on Economic Affairs approved a grant of INR 182.43 crores (~ 30mn USD) to Heavy Engineering Corporation Limited (HEC) for meeting tax liabilities on capital ...
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