{"id":107938,"date":"2021-02-04T09:34:05","date_gmt":"2021-02-04T09:34:05","guid":{"rendered":"https:\/\/www.edristi.in\/?p=107938"},"modified":"2021-02-04T09:34:06","modified_gmt":"2021-02-04T09:34:06","slug":"mitra-scheme-budget-2021","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/mitra-scheme-budget-2021\/","title":{"rendered":"MITRA scheme ( Budget 2021)"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: In her budget speech of 2021 , Finance Minister announced Mitra Scheme.The Scheme is related to which sector?<br><\/strong>a) Automobile Industry<br>b) Agriculture<br>c) Textile Industry<br>d) None of the above<br><strong>Ans: c)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Context<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Finance minister has proposed Mega Investment Textiles Parks (MITRA) for Textile sector in her budget speech of 2021.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Facts<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The scheme will enable the textile industry to become globally competitive.<\/li><li>It will also attract large investments, boost employment generation and exports.<\/li><li>Scheme aims to create world class infrastructure with plug and play facilities to enable create global champions in exports.<\/li><li>MITRA will be launched in addition to the Production Linked Incentive Scheme(PLI).<\/li><li>Government also announced uniform deduction of the BCD rates on caprolactam, nylon chips and nylon fiber and yarn to 5 per cent.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">PLI Scheme<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It is a Central Sector scheme. The scheme was notified in April 2020 for the Large-Scale Electronics Manufacturing.<\/li><li>Initially launched for the domestic manufacturing of Mobile Phones and Specified Electronic Components, in the later phase, it was rolled out for the pharmaceutical ingredients and medical devices also.<\/li><li>This scheme provides 4% to 6% incentive on incremental production to the eligible companies who are manufacturing goods for 5 years period.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By &#8211; Kameshwar Shukla<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reference:<\/strong><a href=\"https:\/\/pib.gov.in\/Pressreleaseshare.aspx?PRID=1694058#:~:text=The%20Government%20has%20proposed%20a,and%20Corporate%20Affairs%20Minister%20Smt.\" target=\"_blank\" rel=\"noreferrer noopener\"> https:\/\/pib.gov.in\/Pressreleaseshare.aspx?PRID=1694058#:~:text=The%20Government%20has%20proposed%20a,and%20Corporate%20Affairs%20Minister%20Smt.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: In her budget speech of 2021 , Finance Minister announced Mitra Scheme.The Scheme is related to which sector?a) Automobile Industryb) Agriculturec) Textile Industryd) None of the aboveAns: c) Context Finance minister has proposed Mega Investment Textiles Parks (MITRA) for Textile sector in her budget speech of 2021. Facts The scheme will enable the textile [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":107939,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-107938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/107938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=107938"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/107938\/revisions"}],"predecessor-version":[{"id":107940,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/107938\/revisions\/107940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/107939"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=107938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=107938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=107938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}