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19 Aug 2023

Trade Infrastructure for export schemes (TIES)

Objective

The objective of the proposed scheme would be to enhance export competitiveness by bridging gaps in export infrastructure, creating focused export infrastructure, first mile and last mile connectivity for export-oriented projects and addressing quality and certification measures. The main focus would be to create appropriate infrastructure for development and growth of exports through engagement of Central/State Agencies by extending assistance to them.

Eligible Agencies

1 The following agencies shall be eligible for financial support under this Scheme and will be known as ‘Implementing Agency’

a. Central Government Agencies including Export Promotion Councils, Commodities Boards, SEZ Authorities, Apex Trade Bodies recognised under the EXIM policy of Government of India.

b. State Government Agencies.

c. Joint Ventures of any of the above Government agencies where it has a major stake holding are also eligible. PPP projects are also eligible.

2 The above agency must own the facility created under the Scheme and be responsible for its Operations and Maintenance (O&M).

 

Financial assistance

1 The Empowered Committee constituted as per Annex-A for the approval of the projects/schemes will be the final authority to take a decision on the proposal.

2 The Central Government assistance for infrastructure creation will be in the form of grant-in-aid, normally not more than the equity being put in by the implementing agency or 50% of the total equity in the project. (In case of projects located in North Eastern States, Himalayan States including UT of J&K, Ladakh this grant can be upto 80% of total equity). In addition, the States with relative poor export infrastructure, lacking institutional capacity for preparing good DPRs but have positive export potential, this grant can be upto 80% of the total equity.

3 The grant in aid shall, normally, be subject to a ceiling of Rs 20 Cr for each infrastructure project.

4 For the purpose of calculating the extent of contribution of the implementing agency under the Scheme, the cost of land shall not be included in the project cost.

5 Priority would be given to infrastructure projects involving significant contribution of stakeholders and bank financing. In States with relatively better export infrastructure and institutional capacity, PPP projects would be encouraged so that the funds under TIES can be optimally leveraged.

6 No recurring expenditure or any establishment cost will be funded by Central Government under the scheme.

7 Extant of grants for studies related to identification of sector specific infrastructure gaps and mapping of assets would be decided by the Empowered Committee.

Loan Amount

•GOI support of 50% of project cost (excluding land) subject to ceiling of INR 20.00 Crore.

• 80% of the total equity in the project with ceiling of Rs 20.00 Crore for North-eastern States and Himalayan States including J&K.

• Not Eligible for Grant Land.