Textile Sector – Cotton, Jute, Wool, Silk, Handloom, etc.

[pib] Mega Investment Textiles Parks (MITRA) Scheme

Note4Students

From UPSC perspective, the following things are important :

Prelims level : MITRA scheme

Mains level : Textile sector of India

The Finance Minister has proposed setting up of a scheme of Mega Investment Textiles Parks (MITRA) Scheme in her budget speech.

Do not get confused over Sahakar Mitra Scheme and this one.

MITRA Scheme

  • MITRA aims to enable the textile industry to become globally competitive, attract large investments, and boost employment generation and exports.
  • It will create world-class infrastructure with plug and play facilities to enable create global champions in exports.
  • It will be launched in addition to the Production Linked Incentive Scheme (PLI).
  • It will give our domestic manufacturers a level-playing field in the international textiles market & pave the way for India to become a global champion of textiles exports across all segments”.
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