MITRA to boost jobs

The Union Cabinet has approved the scheme of seven mega textiles-and-apparel parks (MITRA). This will be a shot in the arm for the Indian textiles sector. Both the Centre and the respective state governments will support the parks. They will have integrated facilities and plug-and-play infrastructure. The parks will span across an area of 1,000 acres. The Centre will incentivize the creation of these facilities, while states will pitch in with the requisite land, likely in areas close to seaports.
MITRA was initially announced in Union Budget FY22. The aim of the scheme is to build scale across the textiles-to-garments value chain. To build common infrastructure, a generous capital support will be offered. The scheme has a total outlay of Rs 4,445 crore. It would create direct employment of 7 lakh and indirect employment twice that number – Minister for Textiles Piyush Goyal said.