Current Affairs Question No. 7752

Which new scheme will be launched by the Union Government to fund export infrastructure?
[A] Trade Infrastructure for Export Support (TIES)
[B] Trade Infrastructure for Export Supply (TIES)
[C] Trade Infrastructure for Export Scheme (TIES)
[D] Trade Infrastructure for Export Standard (TIES)

Trade Infrastructure for Export Scheme (TIES)
The Union Government will launch a new and restructured central scheme “Trade Infrastructure for Export Scheme (TIES)” in 2017-18 to create infrastructure for exports. It has been announced by the Finance minister Arun Jaitley in his Union Budget 2017 speech. The aim of the new scheme will be to reduce transaction costs for traders. The scheme will help create modern infrastructure like last mile connectivity to ports, testing labs and certification centres.

Categories:

Download GKToday's Android App for Current Affairs updates and quizzes.

Comments