Trade Infrastructure for Export Scheme (TIES), Creating Infrastructure for Exports Growth

The Trade Infrastructure for Export Scheme (TIES) aims to enhance the export competitiveness of India's goods and services by developing and improving trade-related infrastructure and facilities.

Table of Contents

Trade Infrastructure for Export Scheme (TIES): It is a government scheme to assist Central and State Government agencies in creating appropriate infrastructure for the growth of exports. Trade Infrastructure for Export Scheme (TIES) is important for UPSC Prelims 2023 and UPSC Mains Exam (GS Paper 3- Facilitating and Promoting India’s Exports).

Trade Infrastructure for Export Scheme (TIES) in News

Recently, the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in reply to a parliamentary question, informed about various aspects of the Trade Infrastructure for Export Scheme (TIES).

What is Trade Infrastructure for Export Scheme (TIES)?

The Trade Infrastructure for Export Scheme (TIES) is a Government of India initiative that aims to enhance the export competitiveness of India’s goods and services by developing and improving trade-related infrastructure and facilities.

Parent Ministry: TIES is a central sector scheme that was launched in 2017 by the Ministry of Commerce and Industry.
Funding: Under TIES, the government provides financial assistance to state governments and central agencies for creating or upgrading infrastructure that is essential for promoting exports.
Scope: The TIES scheme covers various aspects of trade-related infrastructure such as setting up new infrastructure, modernizing and upgrading existing infrastructure, and providing necessary equipment and facilities for exporters.
Project Funding: Financial assistance for a total of 40 export infrastructure projects has been approved under TIES Scheme during FY 2019-20, 2020-21 2021-22 & 2022-23.
Significance: The Department of Commerce has been working closely with State Governments and Union Territories to facilitate the growth of exports of goods and services from the country.
- This involves helping them develop a comprehensive export strategy that leverages the strengths of each state through a thorough assessment process.

Trade Infrastructure for Export Scheme (TIES) Project Funding

The Trade Infrastructure for Export Scheme (TIES) scheme provides funding for various types of infrastructure projects such as:

Border Haats: These are local markets that are set up on the border areas of India to promote trade between India and neighboring countries.
Cold Chain infrastructure: This includes storage and transport infrastructure for perishable goods such as fruits, vegetables, and dairy products.
Dry Ports: These are inland ports that are equipped with facilities for handling and storing cargo.
Export Promotion Industrial Parks (EPIPs): These are industrial parks that are developed specifically for export-oriented units.
Trade-related infrastructure for agricultural exports: This includes facilities such as pack-houses, ripening chambers, and irradiation facilities for agricultural products.

Conclusion

The TIES scheme aims to promote export-led growth by improving the infrastructure that supports India’s export sector. It also aims to boost employment and economic development in the country by creating new job opportunities in the export sector.

Trade Infrastructure for Export Scheme (TIES) FAQs

Q: What is the Trade Infrastructure for Export Scheme (TIES)?

A: The Trade Infrastructure for Export Scheme (TIES) is a program launched by the Government of India to provide financial assistance for creating and upgrading export-related infrastructure in the country.

Q: What is the objective of the TIES scheme?

A: The primary objective of the TIES scheme is to enhance export competitiveness by bridging the gaps in infrastructure, which could include areas such as transportation, storage, cold storage, quality testing and certification, trade-related infrastructure for trade promotion, and last-mile connectivity.

Q: Who is eligible to apply for the TIES scheme?

A: Any central or state agency, including Export Promotion Councils (EPCs), Commodities Boards, SEZ authorities, and apex trade bodies, can apply for financial assistance under the TIES scheme. Private sector entities such as individual firms and companies are not eligible to apply.

Q: What kind of infrastructure projects can be funded under the TIES scheme?

A: The TIES scheme provides funding for a range of export-related infrastructure projects, including setting up of common effluent treatment plants, cold chains, trade promotion centres, quality testing and certification labs, and last-mile connectivity projects.

Q: What is the maximum amount of funding available under the TIES scheme?

A: The maximum amount of funding available for a single project under the TIES scheme is Rs. 20 crores. However, the actual amount of funding will depend on the nature of the project, its scope, and the extent of financial assistance required.

Q: How can I apply for financial assistance under the TIES scheme?

A: Interested applicants can submit their proposals through an online portal hosted by the Ministry of Commerce and Industry. The proposals will be evaluated by a committee of experts, and funding will be provided to the selected projects based on their eligibility and merit.

Highest Ever Defence Export from India

Highest Ever Defence Export from India

FAQs

What is the Trade Infrastructure for Export Scheme (TIES)?

The Trade Infrastructure for Export Scheme (TIES) is a program launched by the Government of India to provide financial assistance for creating and upgrading export-related infrastructure in the country.

What is the objective of the TIES scheme?

The primary objective of the TIES scheme is to enhance export competitiveness by bridging the gaps in infrastructure, which could include areas such as transportation, storage, cold storage, quality testing and certification, trade-related infrastructure for trade promotion, and last-mile connectivity.

Who is eligible to apply for the TIES scheme?

Any central or state agency, including Export Promotion Councils (EPCs), Commodities Boards, SEZ authorities, and apex trade bodies, can apply for financial assistance under the TIES scheme. Private sector entities such as individual firms and companies are not eligible to apply.

What kind of infrastructure projects can be funded under the TIES scheme?

The TIES scheme provides funding for a range of export-related infrastructure projects, including setting up of common effluent treatment plants, cold chains, trade promotion centres, quality testing and certification labs, and last-mile connectivity projects.

What is the maximum amount of funding available under the TIES scheme?

The maximum amount of funding available for a single project under the TIES scheme is Rs. 20 crores. However, the actual amount of funding will depend on the nature of the project, its scope, and the extent of financial assistance required.

How can I apply for financial assistance under the TIES scheme?

Interested applicants can submit their proposals through an online portal hosted by the Ministry of Commerce and Industry. The proposals will be evaluated by a committee of experts, and funding will be provided to the selected projects based on their eligibility and merit.