ASIDE Scheme

ASIDE Scheme

The ASIDE scheme shall provide an outlay for development of export infrastructure which will be distributed to the States according to a pre-defined criteria. The existing EPIP, EPZ and CIB schemes shall be merged with the new scheme. The scheme for Export Development Fund (EDF) for the North East and Sikkim (implemented since 2000-2001) shall also stand merged with the new scheme. After the merger of the schemes in respect of EPIP,EPZ,CIB and EDF for NER and Sikkim with the new scheme, the ongoing projects under the schemes shall be funded by the States from the resources provided under the new scheme.

Objective :

The objective of the scheme is to involve States / UTs in export effort by providing assistance to the State Governments / UT Administrations for creating appropriate infrastructure for development and growth of exports.

Eligible Agencies :

Under the ASIDE scheme, funds for the approved projects may be sanctioned to: -

  1.  Public Sector undertakings of Central/ State Governments
  2.   Other agencies of Central/ State Governments
  3.   Export Promotion Councils/ Commodity Boards
  4.   Apex Trade bodies recognised under the EXIM policy of Government of India
  5.   Individual Production/ Service Units dedicated to exports.

Purposes for the ASIDE scheme:

The activities aimed at development of infrastructure for exports can be funded from the scheme provided such activities have an overwhelming export content and their linkage with exports is fully established. The specific purposes for which the funds allocated under the ASIDE Scheme can be sanctioned and utilised are as follows:

  • Creation of new Export Promotion Industrial Parks/Zones (including Special Economic Zones (SEZs)/Agri-Business Zones) and augmenting facilities in the existing ones.
  • Setting up of electronic and other related infrastructure in export conclave.
  • Equity participation in infrastructure projects including the setting up of SEZs.
  • Meeting requirements of capital outlay of EPIPs/EPZs/SEZs
  • Development of complementary infrastructure such as roads connecting the production centres with the ports, setting up of Inland Container Depots and Container Freight Stations.
  • Stabilising power supply through additional transformers and islanding of export production centres etc.
  • Development of minor ports and jetties of a particular specification to serve export purpose.
  • Assistance for setting up common effluent treatment facilities
  • Projects of national and regional importance.
  • Activities permitted as per EDF in relation to North East and Sikkim 

Source : http://commerce.nic.in

 

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