As many as 51 projects have been sanctioned under the Trade Infrastructure for Export Scheme (TIES) till the end of January and out of that, 13 projects are already completed, Parliament was informed on Wednesday.
The government is implementing this scheme from 2017-18, with the objective of assisting central and state government agencies in the creation of appropriate infrastructure for the growth of exports.
Under the scheme, financial assistance in the form of grant-in-aid is provided to central/ state government-owned agencies for setting up or upgrading export infrastructure.
"The scheme has been further extended for the period 2021-22 to 2025-26 with a total outlay of Rs 360 crore.
"A total of 51 projects having grant components of about Rs 548 crore have been sanctioned under TIES till the end of January 2022," Commerce and Industry Minister Piyush Goyal said in a written reply to the Lok Sabha.
Replying to a separate question, Minister of State for Commerce and Industry Som Parkash said the Department for Promotion of Industry and Internal Trade initiated the process of developing the portal as a national single window system (NSWS).
Envisioned as a one-stop shop for taking all the regulatory approvals and services in the country, NSWS was soft-launched in September 2021.
"Currently, IT portals of 19 ministries/ departments and 13 states' single-window systems have been linked with the NSWS portal," he said.
Ministries linked with the portal include corporate affairs, environment, forest & climate change, labour & employment, food & public distribution, consumer affairs, health & family welfare, commerce, telecommunications, and information & broadcasting.
The 13 states are Goa, Gujarat, Himachal Pradesh, Odisha, Uttar Pradesh, Uttarakhand, Punjab, Karnataka, Madhya Pradesh, Andhra Pradesh, Telangana, Maharashtra and Tamil Nadu.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU