To: Members of the Council
This is to inform you that the PM MITRA Parks Scheme shall be implemented on pan-India basis and is intended for holistic development of the Textile sector. Selection of the location of PM MITRA parks will be on the basis of challenge method, once the proposal is received from interested State Governments. The State Governments have been requested to send their proposals with relevant documents by 15.03.2022. In this regard, a Press Release has been issued by the Ministry of Textiles.
The Government has approved Production Linked Incentive (PLI) Scheme for Textiles with a budgetary outlay of ₹10,683 crore for promotion of Man-Made Fibre (MMF) Apparel, MMF Fabrics and products of Technical Textiles. Benefits of PLI will be available to eligible companies in PM MITRA parks also.
However, the Competitive Incentive Support (CIS) under PM MITRA Parks Scheme will only be available to those manufacturing companies who are not availing benefits of Production Linked Incentive (PLI) for Textile Scheme. Application for registration under PLI scheme is being received on the online portal of PLI scheme which was initially opened from 1st January 2022 to 31st January 2022 has now extended upto 14th February, 2022.
Members may kindly make a note of the above.