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PM MITRA SCHEME: UPSC Daily Important Topic | 9 May 2022

UPSC

PM MITRA SCHEME

✓PM MITRA (Mega Integrated Textile Region and Apparel) scheme was first announced in Union Budget for 2021-22.

✓It is inspired by the 5F vision: Farm to Fibre to Factory to Fashion to Foreign

✓This integrated vision will help furthering the growth of textile sector in the economy.

✓The 7 PM MITRA parks will be setup at Greenfield / Brownfield sites located in different willing States.

PM MITRA Park will be developed by a Special Purpose Vehicle which will be owned by State Government and Government of India in a Public Private Partnership (PPP) Mode.


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