AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
According to a report published on 7 August 2013 by the Ministry of Commerce & Industry, the Government of India provided export subsidies to individual fish exporters from 2010/11 to 2012/13. These subsidies were used to finance fish exports or to develop fish production plants. The quantum of subsidy over the three years was INR 310 million (~USD 50 million) as sea freight assistance and INR 3.5 million (~USD .5 million) as development assistance.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
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