{"id":1213,"date":"2026-06-08T05:07:31","date_gmt":"2026-06-08T05:07:31","guid":{"rendered":"https:\/\/materials.simplycurrentaffairs.com\/?p=1213"},"modified":"2026-06-10T05:08:55","modified_gmt":"2026-06-10T05:08:55","slug":"pm-mitra-parks","status":"publish","type":"post","link":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/2026\/06\/08\/pm-mitra-parks\/","title":{"rendered":"PM MITRA Parks"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-green-cyan-color\"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong>PM MITRA Parks<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/mark><\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\"><strong><strong><strong><strong><strong><strong><strong>About<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/mark><\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The PM MITRA Scheme, announced in 2021, aims to\u00a0<strong>develop large scale and integrated textile parks<\/strong>\u00a0to help the Indian textiles industry to build scale, reduce\u00a0logistics\u00a0costs and improve its competitiveness.\u00a0\u00a0<\/li>\n\n\n\n<li>Nodal Ministry:\u00a0<strong>Ministry of Textiles.<\/strong>\u00a0<\/li>\n\n\n\n<li>Anchored in the<strong>\u00a05F vision\u00a0<\/strong>(Farm to\u00a0Fibre\u00a0to Factory to Fashion to Foreign), the scheme aims to\u00a0<strong>facilitate India\u2019s textile industry to achieve global size\u00a0<\/strong>and scale along with the creation of a\u00a0<strong>modern and integrated textile value chain at one location covering the entire value chain.<\/strong>\u00a0<\/li>\n\n\n\n<li>Under this scheme, the Government has approved\u00a0<strong>7 sites<\/strong>\u00a0for setting up of PM MITRA Parks, one each in\u00a0<strong>Karnataka, Madhya Pradesh, Maharashtra, Tamil Nadu, Telangana,\u00a0Uttar Pradesh\u00a0and Gujarat.<\/strong>\u00a0\u00a0\u00a0<\/li>\n\n\n\n<li>The scheme envisages a<strong>\u00a0Development Capital Support (DCS)<\/strong>\u00a0of\u00a0<strong>30% of the total project cost\u00a0upto\u00a0Rs. 500\u00a0crore<\/strong>\u00a0for<strong>\u00a0Greenfield Park<\/strong>\u00a0and\u00a0<strong>Rs. 200\u00a0crore<\/strong>\u00a0for<strong>\u00a0Brownfield Park<\/strong>.\n<ul class=\"wp-block-list\">\n<li>The scheme also envisages a\u00a0<strong>Competitive Incentive Support (CIS) of\u00a0upto\u00a0Rs. 300 crore per park<\/strong>\u00a0as an incentive to manufacturing units\u00a0to set\u00a0up early in the park.\u00a0\u00a0<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>The scheme aims to create\u00a0<strong>nearly 20\u00a0lakh direct and indirect jobs.<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PM MITRA Parks About<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1213","post","type-post","status-publish","format-standard","hentry","category-schemes-initiatives"],"_links":{"self":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/comments?post=1213"}],"version-history":[{"count":1,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1213\/revisions"}],"predecessor-version":[{"id":1214,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/posts\/1213\/revisions\/1214"}],"wp:attachment":[{"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/media?parent=1213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/categories?post=1213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/materials.simplycurrentaffairs.com\/index.php\/wp-json\/wp\/v2\/tags?post=1213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}