The launch of Trade Infrastructure for Exports Scheme (TIES) by Commerce Minister Nirmala Sitharaman — it was earlier announced in the Budget — is simply old wine in a new bottle. This scheme was earlier called Assistance to States for Infrastructure Development of Exports (ASIDE); it was discontinued in 2015 when states’ shares of the Centre’s net tax revenue increased from 32 per cent to 42 per cent, in line with the recommendations of the 14th Finance Commission.
TIES now envisages an outlay of Rs 600 crore with an annual allocation of Rs 50 crore and the Centre funding 50
