Mega Investment Textiles Parks (MITRA) Scheme
- In the Union Budget 2021-22, the Government has proposed a scheme of Mega Investment Textiles Parks (MITRA) Scheme.
- It seeks to enable the textile industry to become globally competitive and boost exports.
Need
- India has already sanctioned 59 textile parks under the Scheme for Integrated Textile Parks (SITP), but due to delays in obtaining land from state governments, slow progress, and tardy fund mobilisation, it has announced to develop MITRA parks to overcome these shortcomings.
Key Features
- MITRA will be launched in addition to the Production Linked Incentive Scheme (PLI).
- Indian textiles ministry has proposed to develop seven Mega Integrated ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Bharat Cleantech Manufacturing Platform
- 2 Five New Industrial Clusters from India join WEF Initiative
- 3 Logistics Ease Across Different States (LEADS) 2024 Report
- 4 Team Initiative:Boosting Digital Commerce for MSMEs
- 5 Diamond Imprest Authorization Scheme
- 6 National Critical Minerals Mission
- 7 Mutual Credit Guarantee Scheme for MSMEs
- 8 National Manufacturing Mission
- 9 Financialisation of the Economy
- 10 Undercapitalization of Indian Debt Market
