Rates under Transport and Marketing Assistance (TMA) Scheme Revised for Specified Agriculture Products

·      Rates of Assistance Increased by 50% for Exports by Sea and 100% for Exports by Air

·      Dairy Products Included which were not Covered under the Earlier Scheme

·      DGFT to Issue Revised Procedure

[Ministry of Commerce & Industry Press Release dated 10th September 2021]

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)

 

Existing

Revised

Existing

Revised

Existing

Revised

West Africa

11200

16800

19600

29400

0.84

1.68

East Africa

11200

16800

21000

31500

0.84

1.68

Europe

9800

14200

21000

31500

1.12

2.24

Gulf

8400

12600

14000

21000

0.70

1.40

North America

21000

31500

28700

43050

2.80

5.60

ASEAN

5600

8400

12600

18900

0.70

1.40

Russia & CIS

12600

18900

22400

33600

0.70

1.40

Far East

8400

12600

12250

18375

0.84

1.68

Oceana

16800

25200

24500

36750

2.80

5.60

China

0

0

12600

18900

0.84

1.68

South America

23800

35700

31500

47250

3.50

7.00

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.