What is the primary aim of TIES?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Export infra development.
The Trade Infrastructure for Export Scheme (TIES) was launched by the Department of Commerce in March 2017 to assist Central and State Government agencies in creating appropriate infrastructure for the growth of exports. The primary aim is to bridge the critical gaps in export infrastructure, such as setting up Certification Labs, Export Certification Centers, and Trade Promotion Centers.
Other Options:
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Cold storage for dairy: This is primarily covered under schemes like the Dairy Processing and Infrastructure Development Fund (DIDF) and PM Sampada Yojana.
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PMFBY support: Pradhan Mantri Fasal Bima Yojana is an agricultural insurance scheme designed to provide financial support to farmers suffering from crop loss.
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Drug pricing regulation: This is the mandate of the National Pharmaceutical Pricing Authority (NPPA) under the Department of Pharmaceuticals.