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India: State assistance for sugar mills

Description

On 26 December 2013, the Cabinet Committee on Economic Affairs of India approved an interest free loan of INR 6,600 crore (USD 1.07 billion) for the sugar industry to pay off debt to sugarcane farmers...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Dec 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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