PM MITRA Park scheme: Way paved for Rs 18,500 crore investment in textiles sector
The government has signed or received investments to the tune of Rs 18,500 crore as part of the proposals that have been received under the PM MITRA Park scheme in the textiles sector
- NEW DELHI — The government has signed or received investments to the tune of
Rs 18,500 crore as part of the proposals that have been received under the PM
MITRA Park scheme which aims to boost production, employment and exports in the
textiles sector, the Lok Sabha was informed on Tuesday.
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- With a view to develop integrated large scale and modern
industrial infrastructure facility for entire value-chain of the textile
industry, the Centre has approved setting up of seven PM Mega Integrated
Textile Region and Apparel (PM MITRA) Parks in Greenfield/Brownfield sites with
scheme outlay of Rs 4,445 crore for the period 2021-22 to 2027-28.
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- The government finalised seven sites -- Tamil Nadu
(Virudhnagar), Telangana (Warangal), Gujarat (Navsari), Karnataka (Kalaburagi),
Madhya Pradesh (Dhar), Uttar Pradesh (Lucknow) and Maharashtra (Amravati) --
for setting up PM MITRA Parks.
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- Once completed, it is expected that each PM MITRA Park
will attract about Rs 10,000 crore investment and generate about 3 lakh (both
direct and indirect) employment opportunities, Union Textiles Minister Giriraj
Singh said in a written reply in the Parliament.
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- Other initiatives being implemented to promote growth and
development of the textile sector include the Scheme for Integrated Textile
Park (SITP), Integrated Processing Development Scheme (IPDS), Production Linked
Incentive (PLI) Scheme, National Technical Textiles Mission (NTTM), SAMARTH –
Scheme for Capacity Building in Textile Sector ATUFS, Silk Samagra-2, National
Handloom Development Program (NHDP) and National Handicraft Development Program
(NHDP), the minister said.
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- Besides, the government is administering the National
Handloom Development Programme and Raw Material Supply Scheme to promote the
handloom sector and for welfare and benefit of handloom workers across the
country.
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- Under the schemes, financial assistance is provided to
eligible handloom agencies/workers for raw materials, procurement of upgraded
looms & accessories, solar lighting units, construction of work sheds,
product diversification & design innovation, technical and common
infrastructure, marketing of handloom products in domestic and overseas
markets, concessional loans under weavers’ MUDRA scheme and various social
security benefits, the minister added.
