Nirmala Sitharaman launches Trade Infrastructure for Export Scheme

Commerce and Industry Minister Nirmala Sitharaman launched the Trade Infrastructure for Export Scheme (TIES). Speaking at a function in New Delhi, Mrs Sitharaman said the scheme is focused on addressing the needs of the exporters. 

She said, the focus is not just to create infrastructure but to make sure it is professionally run and sustained. She also said, 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. 

The Minister 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. 

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 and export warehousing and packaging.