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What’s PM Mitra Yojana (MITRA), its goals and significance | Mega Funding Textiles Parks-MITRA) – GK in Hindi | MP GK | GK Quiz| MPPSC | CTET | on-line gk

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What is PM Mitra Yojana (MITRA), its objectives and importance | Mega Investment Textiles Parks-MITRA) - GK in Hindi |  MP GK |  GK Quiz|  MPPSC |  CTET |  online gk
What is PM Mitra Yojana (MITRA), its objectives and importance | Mega Investment Textiles Parks-MITRA)


mitra full type

|Mega Funding Textiles Park

Central Authorities PM Mega Built-in Textile Area and Attire ,PM-Mitra) Tamil Nadu to arrange new textile parks underneath the scheme, Telangana, Karnataka, Maharashtra, Gujarat, Areas have been chosen in Madhya Pradesh and Uttar Pradesh.

Yr 2026-27 Parks shall be established by whole outlay for the venture 4,445 crore rupees, nonetheless the yr 2023-24 Preliminary allocation within the finances of solely 200 Crores of rupees.


PM Mitra Park Introduction,

  • ,PM Mitra, Public Non-public Partnership (PPP)PPP)
    mode one ,particular objective car‘ (SPV) shall be developed by, Whose possession shall be with the Central and State Authorities.
  • Everybody ,Good friend, An Incubation Heart within the Park, There shall be frequent processing home and a typical effluent therapy plant and different textile associated amenities like design middle and testing centre.


PM Mitra scheme execution:

Particular Objective Car:

owned by the central and state governments SPV shall be established for every park that can monitor the implementation of the venture.

Capital Help for Growth:

ministry of textiles SPV
to per park 500 Will present monetary help as much as Rs. crore within the type of capital help for improvement.

aggressive incentive help (CIS):

items in PM Mitra Park per park 300 as much as crore rupees cis may even be supplied to encourage quicker implementation.

Convergence with different schemes:

The ability of convergence with different schemes of the Authorities of India may even be supplied for extra incentives to the grasp developer and funding items.

Mitra Scheme (pal) What’s its objective and significance

To make India’s textile business aggressive on the earth, the federal government 2021-22 within the Union Funds of Mega Funding Textiles Park- Mitra Scheme (Mega Funding Textiles Park-Mitra)
the plan was introduced ,

Mitra scheme Goal:

  • Making the Textile Trade Globally Aggressive,
  • appeal to massive investments
  • generate extra employment alternatives
  • export promotion

Options of Mega Funding Textiles Park:

  • Right here it’s proposed to create world class infrastructure with plug and play facility to make India a world champion in exports.
  • The Mitra scheme shall be launched along with the Manufacturing Linked Incentive Scheme (PLI).
  • within the subsequent three years 7 Mega funding Textiles Park to be constructed.

Mitra scheme potential advantages:

  • textile business (textile sector) agricultural sector (agricultural sector) It’s the second largest employment producing sector in India after agriculture. India ranks fifth on the earth when it comes to textiles exports.
  • 5Regardless of being the tenth largest exporter, India is but to faucet its full potential on this sector. MITRA scheme to make the textile business globally aggressive in addition to appeal to funding, Might be useful in producing employment and selling textile exports.
  • The necessity to enhance the manufacturing quantity and technological atmosphere was already being felt in India, Now the institution of such built-in textile parks will enhance the manufacturing high quality in addition to the technological atmosphere.
  • The thrust on state-of-the-art infrastructure by means of MITRA will present a stage enjoying subject to home producers within the worldwide textile market and can set India on the trail of turning into a world champion throughout all sectors in textile exports.
  • With the Manufacturing Linked Incentive (PLI) scheme, MITRA will pave the best way for extra funding and enhance in employment alternatives.

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Harshit Jaiswal
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Harshit Jaiswal

Harshit Jaiswal is CEO and founder of @harshitj183's blog. Thank you for choosing @harshitj183's blog as your source for all things news and information. We appreciate your continued support!

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