Current Affairs · Government Schemes
The PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks scheme was approved to establish world-class industrial infrastructure for the textile sector. Based on the scheme's guidelines, evaluate the following statements: 1. Seven PM MITRA Parks will be established across seven states, with Development Capital Support (DCS) of up to Rs 500 crore for greenfield sites and up to Rs 200 crore for brownfield sites. 2. The Competitive Incentive Support (CIS) under PM MITRA is capped at Rs 300 crore per park, intended to attract investment by partially compensating companies for transition costs. 3. PM MITRA Parks exclusively target the technical textiles sub-sector, which has been identified as a priority area under the National Technical Textiles Mission. 4. Each PM MITRA Park is governed by a Special Purpose Vehicle (SPV) co-owned by the Central Government and the respective State Government. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 22 and 4 only
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- 41 and 2 only
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1, 2 and 4 only
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