Current Affairs - National - Discussion

The Government has approved the setting up of 7 PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks with world-class infrastructure. These parks are intended to enhance the textile sector's infrastructure, aiming to generate significant direct and indirect employment. Each park is expected to provide 1 lakh direct and 2 lakh indirect employment opportunities. The initiative includes substantial investments and the establishment of a Special Purpose Vehicle (SPV) for the implementation of these projects, particularly in Tamil Nadu, to boost exports and generate employment in the textile sector.