Current Affairs - Miscellaneous - Discussion

15 projects were approved under Trade Infrastructure for Export Scheme (TIES) of commerce ministry to develop infrastructure for promoting exports. In 2017 the commerce ministry introduced the Trade Infrastructure for Export Scheme (TIES) to create required infrastructure for development and growth of exports by engagement of central or state agencies. The total scheme outlay is Rs 600 crore. Out of this Rs 80 crore was provided in 2017-18. During then current fiscal year another Rs 80 crore will be offered. The scheme has been launched for three years up to 2020.