Global Trade Alert
Global Trade Alert

India: Debt restructuring package for the textile industry

Announcement

29 May 2012

In May 2012, the government of India announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2012

Revocation date:

No revocation date

Updated: 29 May 2012
State loan In force
On 29 May 2012, the Ministry of Textiles approveda INR 35,000 crores (USD 6 billion) restructuring package for the debt owed by the domestic textile industry. The applications will be considered on a ...
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