Economics • Indian EconomyEasy
In the context of the Indian economy, what is the primary focus of the 'PM-MITRA' (Mega Integrated Textile Region and Apparel) scheme?
A. To provide direct cash transfers to handloom weavers across rural districts
B. To establish world-class industrial infrastructure facilities for the entire textile value chain in one place✓ Correct Answer
C. To subsidize cotton and silk seed production for agricultural cooperatives
D. To regulate minimum export prices for ready-made garments
💡 Solution & Explanation
The PM-MITRA scheme focuses on establishing world-class industrial infrastructure facilities that integrate the entire textile value chain from spinning to garmenting at a single location. Other options incorrectly describe agricultural subsidies or direct cash welfare distributions. Inspired by the 5F vision of farm to fiber to factory to fashion to foreign, this initiative boosts manufacturing competitiveness.
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