Question
Consider the following statements in regards Towns of
Export Excellence (TEE): 1. It will also be able to avail Common Service Provider (CSP) benefits for export fulfillment under the Export Promotion Capital Goods (EPCG) Scheme. 2. The TEEs will have priority access to export promotion funds under the Market Access Initiative (MAI) scheme. 3. Towns producing goods of Rs. 750 Crore or more can be recognised as Towns of Export Excellence (TEE) based on potential for growth in exports. Which of the statements given above is/are correct?Solution
The TEEs will have priority access to export promotion funds under the Market Access Initiative (MAI) scheme. It will also be able to avail Common Service Provider (CSP) benefits for export fulfillment under the Export Promotion Capital Goods (EPCG) Scheme. Towns producing goods of Rs. 750 Crore or more can be recognised as Towns of Export Excellence (TEE) based on potential for growth in exports.
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