Question
Which of the following is a key feature of the PM MITRA
Parks initiative aimed at supporting the development of the textile industry in India?Solution
A key feature of the PM MITRA Parks initiative is the establishment of Special Purpose Vehicles (SPVs) for the Greenfield sites. These SPVs are responsible for implementing and managing the parks, ensuring that they are equipped with world-class infrastructure and facilities. This approach is intended to streamline the development process and attract significant investments, thereby boosting the local economy and strengthening India's textile ecosystem.
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