Which of the following statements are correct about the PM MITRA Scheme?
1. It aims to establish integrated large-scale textile parks.
2. It is implemented by the Ministry of Textiles.
3. The scheme promotes synergy among textile value chain segments.
Show answer & explanation
Correct answer: C
Explanation
Answer: All 1, 2 and 3 are correct
Explanation: The PM MITRA Scheme (Mega Integrated Textile Region and Apparel Scheme) aims to strengthen India’s textile sector by establishing large, integrated textile parks.
Statement 1 is correct: It focuses on setting up world-class integrated textile parks.
Statement 2 is correct: It is implemented by the Ministry of Textiles.
Statement 3 is correct: The scheme promotes synergy across the entire textile value chain, from raw material to finished products.
Additional Key Points:
Announced in 2021 to boost textile manufacturing and exports.
Aims to create global champions in the textile sector.
Each park will have plug-and-play infrastructure.
Helps generate employment and attract investment.
Potential Exam-Oriented Questions & Answers:
Question: What is the main objective of the PM MITRA Scheme?
Answer: To establish integrated large-scale textile parks
Question: The PM MITRA Scheme promotes synergy in which sector?
Answer: Textile value chain