Karnatraka Budget: PM-MITRA textile park in Kalaburagi gets ₹75-crore allocation
GS3Economy · S&T · Environment · Security· Industry, investment & MSMEs· Prelims·
Why in news
The Karnataka government announced a ₹390 crore allocation for infrastructure development at the PM-MITRA Mega Textile Park in Kalaburagi, with ₹75 crore earmarked for the 2026-27 financial year.
Background
The Karnataka government approved ₹390 crore for the PM-MITRA Mega Textile Park in Kalaburagi district. The budget also includes the establishment of a silk park in the same district to promote sericulture.
Facts for Prelims
- SchemePM-MITRA: Pradhan Mantri Mega Integrated Textile Region and Apparel scheme aims to create integrated textile parks.
- Fact₹75 crore is the specific allocation for the 2026-27 financial year for the Kalaburagi park.
- PlaceKalaburagi district, Karnataka, is the site for the proposed PM-MITRA Mega Textile Park.
- FactThe total infrastructure development allocation for the park is ₹390 crore.
For Mains
Q. Discuss how the PM-MITRA scheme aims to bolster India's textile value chain and the role of state-led infrastructure in attracting private investment.
Dimensions to cover in your answer
- Infrastructure gap: Concerns over insufficient funding potentially delaying project implementation and industrial scaling
- Cluster development: Promoting sericulture and silk-based industries through dedicated silk parks to enhance regional economic value
Keywords: Value chain integration · Industrial clusters · Infrastructure investment · Sericulture promotion · State-led development
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This note is generated automatically from SatyaDheesh's news feed and mapped to the UPSC CSE syllabus. Check facts against the original report or PIB before using them in an answer.