Global Trade Alert
Global Trade Alert

India: Interest subvention scheme approved for the animal husbandry sector

Announcement

24 Jun 2020

India has approved a scheme to provide interest subsidy on loans extended for investments in the animal husbandry sector.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

24 Jun 2020

Revocation date:

No revocation date

State loan In force

On 24 June 2020, the Cabinet Committee on Economic Affairs approved the Animal Husbandry Infrastructure Development Fund (AHIDF) scheme. Under the scheme, loans worth INR 13,500 crore (approx. USD 1.7...

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Interest payment subsidy In force

On 24 June 2020, the Cabinet Committee on Economic Affairs approved an interest subsidy on loans extended under the Animal Husbandry Infrastructure Development Fund (AHIDF) scheme. A subsidy of 3% tot...

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