PIB News Update: Centre has revised “Transport and Marketing Assistance” (TMA) scheme for Specified Agriculture Products’.
In February 2019, the Department of Commerce had introduced ‘Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme’ to provide assistance for the international component of freight, to mitigate disadvantage of higher freight costs faced by the Indian exporters of agriculture products. The scheme was initially applicable for exports effected during the period from 01.03.2019 to 31.03.2020 and was later extended for exports effected up to 31.03.2021.
Now the Department has notified ‘Revised Transport and Marketing Assistance (TMA) for Specified Agriculture Products Scheme’ for exports effected on or after 01.04.2021 up to 31.03.2022. The existing scheme will remain in operation for exports effected up to 31.03.2021.
Following major changes have been made in the revised scheme:
• 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. Details are as under:
Rates of Assistance (in INR)
Region Amount Per TEU (Normal) Amount Per TEU (Reefer)By Air
(Amount per kilogram)
ExistingRevisedExistingRevisedExistingRevised
West Africa 11200 16800 19600 29400 0.841.68
East Africa 11200 16800 21000 315000.841.68
Europe 9800 14200 21000 31500 1.122.24
Gulf 8400 12600 14000 21000 0.701.40
North America21000 31500 28700 43050 2.805.60
ASEAN 5600 8400 12600 18900 0.701.40
Russia & CIS 12600 18900 22400 33600 0.701.40
Far East 8400 12600 12250 18375 0.841.68
Oceana 16800 25200 24500 36750 2.805.60
China 0012600189000.84 1.68
South America23800 35700 31500 47250 3.507.00
The Directorate General of Foreign Trade (DGFT) will shortly notify the procedure for availing assistance under the revised scheme.
Enhanced assistance under the revised scheme is expected to help Indian exporters of agricultural products to meet rising freight and logistics costs.