What is the primary aim of TIES?
AExport infra development
BCold storage for dairy
CPMFBY support
DDrug pricing regulation
Answer:
A. Export infra development
Read Explanation:
Trade Infrastructure for Export Scheme (TIES)
- Objective: The primary aim of TIES is to enhance export competitiveness by bridging gaps in export infrastructure. It focuses on creating appropriate infrastructure that leads to growth in exports.
- Implementing Agency: The scheme is implemented by the Department of Commerce, under the Ministry of Commerce and Industry, Government of India.
- Launch Year: The scheme was launched in 2017, replacing the earlier Assistance to States for Development of Export Infrastructure and Allied Activities (ASIDE) scheme.
- Financial Support: The Government of India provides grant-in-aid to State Governments and State agencies for implementing export-related infrastructure projects. The funding is typically on a 50:50 sharing basis between the Centre and the States, though for North Eastern and Himalayan States, the Centre's share can go up to 80%.
- Key Infrastructure Areas: The scheme covers the development of projects such as:
- Last mile connectivity to ports and airports.
- Testing and certification facilities for exporters.
- Cold chains and warehouses for perishable goods.
- Common effluent treatment plants in industrial clusters.
- Trade promotion centres and exhibition halls.
- Target Beneficiaries: The scheme is primarily aimed at State Government agencies, Central Government agencies, and other entities like Export Promotion Councils (EPCs) that are involved in developing export infrastructure.
