BEWARE OF FAKE INSTITUTES WITH SIMILAR NAMES. blank    blank

Integrated Textile Parks

  Aug 05, 2020

Integrated Textile Parks

What are Integrated Textile Parks? Why there are delays in creation of such parks? 

1. The Government is implementing the Scheme for Integrated Textile Park (SITP) which provides support for creation of world-class infrastructure facilities for setting up of textile units. 

2. The parks have Government of India (GoI) grant up to 40% of the project cost subject to a ceiling of Rs. 40 crore. 

3. However, GoI grant is up to 90% of the project cost for first two projects (each) in the States of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, Sikkim, Himachal Pradesh, Uttarakhand and Jammu & Kashmir; with ceiling limit of Rs. 40.00 crore for each textile park. 

4. The Scheme is demand driven. A total of 59 textile parks have been sanctioned under SITP by the Ministry of Textiles out of which 22 textile parks have been completed and rest are under various stages of construction. Two textile parks have been sanctioned in Uttar Pradesh so far, under the Scheme.

5. The slow progress in implementation of the textile parks under the Scheme has been attributed primarily to delay in obtaining land and other statutory clearances to the parks from State Governments and slow fund mobilisation by the textile parks.

6. Regular meetings are held at senior levels in the Ministry of Textile with various stakeholders of the textile parks and State Government representatives to resolve any issues faced by them. Regional conferences are also conducted by the Ministry of Textiles on periodic basis.