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Textile Ministry reviewing SITP post violation of norms by some SPVs

Related Keywords: mega textile parks, needs to be rectified, non-textiles units operating from inside the parks. many loopholes in the scheme, recommends new scheme, report found scheme failed to achieve its objectives, reviewing the Scheme for Integrated Textile Parks, SITP, special purpose vehicles of the parks violated norms, Textile Ministry

The Textile Ministry is reviewing the Scheme for Integrated Textile Parks (SITP) after a report found that the scheme failed to achieve its objectives and special purpose vehicles of the parks violated norms as non-textiles units were operating from inside the parks. Also there are many loopholes in the scheme which needs to be rectified, according to a senior Textiles Ministry official.

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