NEWS BRIEFS
for each PM MITRA Park to incentiv-
ize manufacturing units to get estab-
lished. This will be known as Compet-
itiveness Incentive Support (CIS) and
will be paid upto 3% of turnover of a
newly established unit in PM MITRA
Park. Such support is crucial for a new
project under establishment which has
not been able to break even and needs
support till it is able to scale up pro-
duction and be able to establish its
viability.
Convergence with other Central Gov-
ernment and State Government
Schemes is available as per their eli-
gibility under the guidelines of those
schemes. This will enhance the com-
petitiveness of the textiles industry,
by helping it in achieving economies
of scale and will create huge job op-
portunities for millions of people. Le-
veraging Economies of Scale, the
scheme will help Indian companies to
emerge as Global Champions.A schematic representation of the PM MITRA is illustrated below:
Key Components of Mega Integrated Textile Regions and Apparel Parks
* indicates 5% area # indicates 10% area used for that purpose.
India will emerge as a
sole supplier of good
quality cotton in the
world, says Shri Piy-
ush Goyal
With Collective efforts by entire
Cotton Value chain, India will
emerge as a sole supplier of good
quality cotton in the world.
Government and the industry need to
work together for the progressive
development of the cotton value chain.
Need to focus on the key areas like
increasing productivity of Indian
cotton, Improving cotton cultivation
practices and reducing
import dependency.
Shri Piyush Goyal, Union Minister for
Commerce & Industry, Textiles, Con-
sumer Affairs and Public Distribution
said that with collective efforts by
entire cotton value chain, in the com-
ing years, India will not only be
Atmanirbhar in every sphere of cot-
ton but will also emerge as a sole
supplier of good quality cotton in theHow PM MITRA will empower the textiles sector
of the country! To watch this documentary
produced by DD, just scan the adjoining QR
code.
world. He said that several measures
have been adopted by the Govern-
ment of India to improve the quality
and productivity of cotton in the coun-
try. India is working on suitable inter-
ventions for enhancing productivity in
cotton, such as High Density Plant-
ing System (HDPS), Drip Irrigation,
rain water harvesting, inter-cropping,
promotion of best farm practices and
NCM-OCTOBER 2021
86mechanization of cotton harvesting for
reducing the contamination of cotton
and improvement in farm income.
Inaugurating an Interactive Webinar
on Cotton organized by Confederation
of Indian Textile Industry (CITI) coin-
ciding with the Global Cotton Day and
“Azadi Ka Amrit Mahotsav” and CITI-
CDRA Golden Jubilee Celebrations on