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