Related Keywords: Scheme for Integrated Textile Parks, state of Odisha, state-of-the art infrastructural facilities, Textile Park, textile unit, Union Ministry of Textile
The state government has recently received a letter from the Union Ministry of Textiles seeking proposals for development of Textile Parks which the state was aiming to set up at least two textile parks under the Scheme for Integrated Textile Parks (SITP) of Union government during the 12th Five Year Plan. Under this scheme, the government provides grant or equity limited to 40 percent of the project cost, subject to a ceiling of Rs 40 cr.
