Cabinet approves organising of seven mega built-in textile area and attire parks

The Union Cabinet headed by Prime Minister Narendra Modi on Wednesday authorized the organising of seven Mega Integrated Textile Region and Apparel (PM MITRA) parks with a complete outlay of Rs 4,445 crore within the subsequent 5 years.
Addressing the media after the Cabinet assembly, Textiles Minister Piyush Goyal introduced the choice and mentioned the transfer will present 7 lakh direct and 14 lakh oblique jobs within the sector.
He additionally knowledgeable that 10 states have already proven curiosity for the undertaking.
PM MITRA is impressed by the 5F imaginative and prescient of the prime minister.
“The ‘5F’ Formula encompasses – Farm to fibre; fibre to factory; factory to fashion; fashion to foreign. This integrated vision will help furthering the growth of textile sector in the economy,” a authorities assertion mentioned.
PM MITRA will likely be developed by a particular goal automobile owned by state governments and central authorities in public personal partnership (PPP) mode.
The PM MITRA parks may have the next:
Core Infrastructure: Incubation Centre & Plug & Play facility, Developed Factory Sites, Roads, Power, Water and Waste Water system, Common Processing House & CETP and different associated amenities e.g. Design Centre, Testing Centres and many others.
Support Infrastructure: Workers’ hostels & housing, logistics park, warehousing, medical, coaching & ability improvement amenities.
Cabinet approves Productivity Linked Bonus to railway staff for FY 2020-21
Separately, the Cabinet authorized productivity-linked bonus equal to 78 days wage to all eligible non-gazetted Railway staff, Union Minister Anurag Thakur mentioned.
The bonus for the monetary yr 2020-21 will profit about 11.56 lakh non-gazetted Railway staff, he mentioned.
The wage calculation ceiling prescribed for cost of PLB to the eligible non-gazetted railway staff is Rs 7000/- per thirty days. The most quantity payable per eligible railway worker is Rs 17,951 for 78 days.
An expenditure of practically Rs 1,985 crore will likely be incurred on this.
The bonus is normally introduced forward of Dussehra and Puja festivities.
-with PTI inputs