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Mahesh

01/07/22 05:41 AM IST

PM Mitra Parks

In News 
  • PLI Scheme and PM Mitra Parks will help Indian textile sector achieve the desired scale and size while also emerging as a strong competitor in the global market: Smt. Jardosh
PM Mitra Parks 
  • A park will be developed by a Special Purpose Vehicle which will be owned by the Central and State Government and in a Public Private Partnership (PPP) Mode.
  • Each Park will have an incubation centre, common processing house and a common effluent treatment plant and other textile related facilities such as design centres and testing centres.
  • The Master Developer will not only develop the Industrial Park but also maintain it during the concession period.
Funding 
  • The centre will provide development capital support for the development of common infrastructure of Rs 500 crore for each greenfield MITRA park and upto Rs 200 crore for each brownfield park.
  • Greenfield describes a completely new project that has to be executed from scratch, while a brownfield project is one that has been worked on by others.
Source- PIB 

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