The textile Ministry is in the process of obtaining approval of the Union Cabinet for the proposed Mega Investment Textiles Parks (MITRA) scheme, under which seven such parks will be set up in the country over the next three years, Parliament was informed on Friday.
Minister of State for Textiles Darshana Jardosh said the scheme was announced in Union Budget 2021-22.
“Ministry of Textiles is in the process of obtaining approval of the Cabinet for the proposed scheme. Once, the proposed scheme is approved and modalities are finalized, the details of location, government funding structure etc. Will be decided,” she said in a written reply to the Lok Sabha. In a separate reply, the minister said during the pandemic, CCI (Cotton Corporation of India) procured 20.72 lakh bales valuing Rs 5,615 crore from 4 lakh cotton farmers.
However, during the entire cotton season 2019-20, CCI made a record procurement of 105.15 lakh bales (equivalent to around 546.80 lakh quintal kapas).