Commerce and Industry Minister Nirmala Sitharaman launched the Trade Infrastructure for Export Scheme (TIES). Speaking at the event she said the Scheme is focussed on addressing the needs of the exporters.
Sitharaman said the focus is not just to create infrastructure but to make sure it is professionally run and sustained. The Minister added that there will be an Empowered Committee to periodically review the progress of the approved projects in the Scheme and will take necessary steps to ensure achievement of the objectives of the Scheme.
She said the proposals of the implementing agencies for funding will be considered by an inter-ministerial Empowered Committee specially constituted for this Scheme to be chaired by the Commerce Secretary. While appraising the project the justification, including the intended benefit in terms of addressing the specific export bottlenecks, would be evaluated.
Commerce Secretary Rita Teaotia said the scheme would provide assistance for setting up and up-gradation of infrastructure projects with overwhelming export linkages like the Border Haats, Land customs stations, quality testing and certification labs, cold chains, trade promotion centres, dry ports, export warehousing and packaging, SEZs and ports/airports cargo terminuses.
She said last and first mile connectivity projects related to export logistics will also be considered.
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