IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 02 Aug 2013 | Removal date: 01 Aug 2018
Still in force

Loan guarantee

On 2 August 2013, the Indian Cabinet Committee on Economic Affairs extended the rehabilitation package for Hindustan Organic Chemicals Limited (HOCL). The company has received state aid packages since 2006.
The terms and conditions of the current aid are revised as follows:
- The redemption of shares to the Government of India (GOI) of INR 270 crores (appx. USD 43 million) is extended from 2011-12 to 2015-16.
- The government guarantee of INR 100 crores (appx. $16 million) is extended for a period of 5 years.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

341 Basic organic chemicals
2904 Sulphonated, nitrated or nitrosated derivatives of hydrocarbons, whether or not halogenated.
290410 Derivatives containing only sulpho groups, their salts and ethyl esters
290420 Derivatives containing only nitro or only nitroso groups
290490 Other
2907 Phenols; phenolalcohols.
290711 Phenol (hydroxybenzene) and its salts
290712 Cresols and their salts
290713 Octylphenol, nonylphenol and their isomers; salts thereof
290715 Naphthols and their salts
290719 Other
290721 Resorcinol and its salts
290722 Hydroquinone (quinol) and its salts
290723 4,4'Isopropylidenediphenol (bisphenol A, diphenylolpropane) and its salts
290729 Other
2912 Aldehydes, whether or not with other oxygen function; cyclic polymers of aldehydes; paraformaldehyde.
291219 Other
291221 Benzaldehyde
291229 Other
291241 Vanillin (4hydroxy3methoxybenzaldehyde)
291242 Ethylvanillin (3ethoxy4hydroxybenzaldehyde)
291249 Other
291260 Paraformaldehyde
2914 Ketones and quinones, whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives.
291411 Acetone
291412 Butanone (methyl ethyl ketone)
291413 4Methylpentan2one (methyl isobutyl ketone)
291419 Other
291422 Cyclohexanone and methylcyclohexanones
291423 Ionones and methylionones
291429 Other
291439 Other
291450 Ketonephenols and ketones with other oxygen function
291461 Anthraquinone
291469 Other
291470 Halogenated, sulphonated, nitrated or nitrosated derivatives
2921 Aminefunction compounds.
292111 Methylamine, di or trimethylamine and their salts
292119 Other
292121 Ethylenediamine and its salts
292129 Other
292130 Cyclanic, cyclenic or cycloterpenic mono or polyamines, and their derivatives; salts thereof
292141 Aniline and its salts
292142 Aniline derivatives and their salts
292143 Toluidines and their derivatives; salts thereof
292144 Diphenylamine and its derivatives; salts thereof
292145 1Naphthylamine (alphanaphthylamine), 2naphthylamine (beta naphthylamine) and their derivatives; salts thereof
292149 Other
292151 o, m, pPhenylenediamine, diaminotoluenes, and their derivatives; salts thereof
292159 Other
2924 Carboxyamidefunction compounds; amidefunction compounds of carbonic acid.
292421 Ureines and their derivatives; salts thereof
342 Basic inorganic chemicals n.e.c.
2801 Fluorine, chlorine, bromine and iodine.
280120 Iodine
280130 Fluorine; bromine
2807 Sulphuric acid; oleum.
280700 Sulphuric acid; oleum.
2815 Sodium hydroxide (caustic soda); potassium hydroxide (caustic potash); peroxides of sodium or potassium.
281511 Solid
281512 In aqueous solution (soda lye or liquid soda)
281520 Potassium hydroxide (caustic potash)
2828 Hypochlorites; commercial calcium hypochlorite; chlorites; hypobromites.
282890 Other
2847 Hydrogen peroxide, whether or not solidified with urea.
284700 Hydrogen peroxide, whether or not solidified with urea.
352 Pharmaceutical products
2924 Carboxyamidefunction compounds; amidefunction compounds of carbonic acid.
292419 Other
292429 Other

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