PM Narendra Modi Lays Foundation Stone for PM MITRA Park in Amravati
| Aspect | Details |
|---|---|
| Event | PM Narendra Modi laid the foundation stone for PM MITRA Park in Amravati, Maharashtra. |
| Park Size | 1000-acre park developed by Maharashtra Industrial Development Corporation (MIDC). |
| Total PM MITRA Parks | 7 PM MITRA Parks approved by the central government for the textile industry. |
| Development Mode | Public Private Partnership (PPP) Mode. |
| Ownership | Special Purpose Vehicle (SPV) owned by Central and State Governments. |
| Key Facilities | Incubation centre, common processing house, common effluent treatment plant, design centres, testing centres. |
| Financial Support | Development Capital Support upto Rs 500 crore per park by Ministry of Textiles. |
| Incentive Support | Competitive Incentive Support (CIS) upto Rs 300 crore per park for units. |
| Convergence | Integration with other Government of India schemes for additional incentives. |
| Significance | Reduce logistics cost, boost employment, attract FDI, enhance competitiveness. |
| State Scheme | "Acharya Chanakya Skill Development Centre" launched. |
| Scheme Details | Skill development training centres in renowned colleges for youth aged 15-45. |
| Beneficiaries | Around 1,50,000 youths to receive free skill development training annually. |