New Delhi, Oct 6 (TIWN) To give a boost to the employment intensive textile sector, the Union cabinet on Wednesday approved the setting up of seven mega integrated region and apparel (PM MITRA) parks.

Subsequently, the Centre has invited proposals from state governments having ready availability of contiguous and encumbrance-free land parcel of more than 1,000 acres along with other textiles related facilities and ecosystem.  Under the scheme, a 'Maximum Development Capital Support' (DCS) of Rs 500 crore to all 'Greenfield PM MITRA' and a maximum of Rs 200 crore to 'Brownfield PM MITRA' will be provided for development of 'Common Infrastructure'.  Furthermore, Rs 300 crore of Competitiveness Incentive Support (CIS) will also be provided to each PM MITRA park for early establishment of textiles manufacturing units. 

"State Government support will include provision of 1,000 acre land for development of a world class industrial estate."  As per the communique, PM MITRA will develop 50 per cent area for pure 'Manufacturing Activity', 20 per cent area for utilities, and 10 per cent area for commercial development.  "PM MITRA park will be developed by a 'Special Purpose Vehicle' which will be owned by State Government and Government of India in a Public Private Partnership (PPP) mode."