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Transport and Marketing Assistance (TMA) Scheme to Boost Agricultural Exports

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Transport and Marketing Assistance (TMA) Scheme to Boost Agricultural Exports

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As a part of implementation action plan of Agriculture Export Policy, 2018, which the Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved in December 2018, with an aim to double the shipments to $60 billion by 2022 and integrating Indian farmers and agricultural products to the global value chain, the government now announced the scheme for providing Financial Assistance for Transport and Marketing of Agriculture Products to boost Exports of such commodities to certain countries in Europe and North America

The commerce ministry has laid out a detailed procedure for claiming benefits under the newly introduced Transport and Marketing Assistance (TMA) scheme, which aims at boosting agricultural exports. Under the TMA plan, the government will reimburse a certain portion of freight charges and provide assistance for marketing of agricultural produce.

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