Press Information Bureau
Government of India
Ministry of Commerce & Industry

30-April-2012 17:06 IST

Setting up of Trade Centres

 

 The trade centres are set up by the State Governments.  The Department of Commerce provides only partial financial assistance under the ‘Assistance to States for creating Infrastructure for the Development and growth of Exports (ASIDE)’ Scheme.  Assistance under the scheme on the request of State Governments for setting up of exhibition and trade centre is considered on cost sharing basis for common and core capital infrastructure components of the project to meet the viability gap on merit.

The details of financial assistance provided under ASIDE Scheme for trade centers are as under :

Project	Funds released under ASIDE Scheme (Rs. in crores)	Status
Trade-cum-Exhibition Centre, Guwahati	20.74	Completed
Regional Trade Promotion Centre, Chennai	23.32	Completed
Regional Trade Promotion Centre, Bangalore		Completed
India Exposition Mart, Greater Noida	12.00	Completed
Convention Trade Centre, Chennai	2.92	Completed
International Trade Centre, Pampore, J&K	5.00	Under Implementation
Trade Centre at Baddi, Dist. Solan (HP)	5.40	Under Implementation
Trade-cum-Exhibition Centre, Kolkata	9.68	Under Implementation but some part of the project is functional

This information was given by Shri Anand Sharma ,  Union Minister for Commerce, Industry and  Textiles  in written reply to a question in  Lok    Sabha today.

DS/GK                                              

Partial central financial assistance under ASIDE supports state trade centre infrastructure through cost sharing to bridge viability gaps. Partial central financial assistance is provided to State Governments for establishment of trade centres through the ASIDE Scheme, supporting common and core capital infrastructure on a cost sharing basis to bridge viability gaps; assistance is considered on request of State Governments and limited to eligible infrastructure components rather than project implementation.