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Home Agriculture

Transport and Marketing Assistance” (TMA) scheme

September 11, 2021
in Agriculture
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Transport and Marketing Assistance” (TMA) scheme
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In news- Centre has revised the “Transport and Marketing Assistance” (TMA) scheme for Specified Agriculture Products’.

About TMA-

  • In February 2019, the Department of Commerce introduced ‘Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme’ to provide assistance for the international component of freight.
  • Under the TMA, the government reimburses a certain portion of freight charges and provides assistance for the marketing of agricultural produce.
  • It was meant to mitigate the disadvantage of higher freight costs faced by the Indian exporters of agriculture products. 
  • The scheme was initially applicable for exports affected during the period from 01.03.2019 to 31.03.2020 and was later extended for exports affected up to 31.03.2021.
  • Now the revised scheme will be effective from 01.04.2021 up to 31.03.2022 (March 2022). 
  • Dairy products, which were not covered under the earlier scheme, will be eligible for assistance under the revised scheme.
  • Rates of assistance have been increased, by 50% for exports by sea and by 100% for exports by air
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Source: PIB
Tags: PIBPrelims

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