Global Trade Alert
Global Trade Alert

India: Government guarantee on short term loans taken by Air India

Announcement

11 Nov 2020

The Indian government has provided a loan guarantee on funds to be borrowed by the state-owned airline Air India.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Nov 2020

Revocation date:

No revocation date

Updated: 11 Nov 2020
Loan guarantee In force

According to several news reports, on 11 November 2020, the government-owned airline Air India issued a tender document to raise short-term loans worth INR 6150 crore (~USD 827 million). The loans ...

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