The MITRA scheme was first announced in the Union Budget for 2021-22 to set up world-class infrastructure in which sector?
Textile industry
Understanding the MITRA Scheme for the Textile Sector
The question asks about the MITRA scheme, announced in the Union Budget 2021-22, and the specific sector it aims to support by establishing world-class infrastructure.
The MITRA scheme is a significant initiative by the Indian government focused on boosting the growth and competitiveness of a particular sector. Let's look at the details of the scheme as announced in the budget mentioned.
What is the MITRA Scheme?
The MITRA scheme stands for Mega Integrated Textile Region and Apparel Parks. Its primary objective is to enable the Indian textile industry to become globally competitive, attract large investments, boost employment generation, and increase export potential.
As the name suggests, the scheme is directly related to the Textile industry. It focuses on creating large-scale, integrated textile parks that provide state-of-the-art infrastructure and facilities needed for the entire textile value chain, from spinning to garment manufacturing.
The Union Budget 2021-22 specifically announced the intention to set up seven such Mega Integrated Textile Region and Apparel (MITRA) parks over three years. This initiative aims to consolidate the textile industry's infrastructure and make it more efficient and sustainable.
Analyzing the Options
Let's consider why the other options are not the correct sector for the MITRA scheme:
- Automobiles: While the automobile sector is crucial, the MITRA scheme's full form (Mega Integrated Textile Region and Apparel) clearly links it to textiles, not automobiles.
- Defence manufacturing: The defence sector also receives government focus and schemes, but the MITRA scheme is specifically designed for the textile and apparel industry.
- Pharmaceuticals: The pharmaceutical sector is another key industry, but the MITRA scheme's mandate is unrelated to pharmaceuticals.
- Textile industry: The name "Mega Integrated Textile Region and Apparel" directly indicates that the scheme is targeted at the Textile industry and apparel sector, aligning with the objective of creating integrated parks for textile manufacturing.
Based on the name and announced objectives in the Union Budget 2021-22, the MITRA scheme is undeniably aimed at developing world-class infrastructure in the Textile industry.
Conclusion
The MITRA scheme was first announced in the Union Budget for 2021-22 to set up world-class infrastructure specifically in the Textile industry.
Revision Table: Key Details of MITRA Scheme
| Scheme Name | Full Form | Budget Announcement Year | Target Sector | Primary Goal | Number of Parks |
|---|---|---|---|---|---|
| MITRA Scheme | Mega Integrated Textile Region and Apparel | 2021-22 | Textile industry and Apparel | Establish world-class infrastructure, boost competitiveness, attract investment, create jobs | 7 |
Additional Information: Importance of the Textile Sector
The textile industry is one of the oldest and largest sectors in India, playing a significant role in the country's economy. It is a major contributor to industrial production, employment generation, and export earnings. India is one of the world's largest producers of textiles and apparel.
Government schemes like MITRA are crucial for modernizing the sector, improving its efficiency, and enhancing its ability to compete in the global market. The establishment of integrated textile parks helps reduce logistics costs, improve supply chain efficiency, and attract both domestic and foreign investment.
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