CURRENT AFFAIRS

Detailed explanation-1: -The four components under this mission are: Research, Development, and Innovation: With an outlay of ₹1000 crore, the component focuses on research at both fibre and application-based levels in geo, mobile textiles, medical, agro, sports, and development of biodegradable technical textiles.

Detailed explanation-2: -National Technical Textiles Mission (NTTM): The establishment of this mission was approved by the CCEA (Cabinet Committee on Economic Affairs) chaired by Prime Minister Narendra Modi. NTTM has been granted for 4 years (2020-21 to 2023-24) with a budget of Rs. 1480 crores.

Detailed explanation-3: -Schemes: Scheme for Integrated Textile Park (SITP): To boost entrepreneurship by providing financial support and state-of-the-art infrastructure, the scheme was launched in 2005 and has recently been extended for the period between 2017-20.

Detailed explanation-4: -National Technical Textiles Mission(NTTM) | Ministry of Textiles | GoI.

Detailed explanation-5: -Over the span of 10 years, the field began to see growing demands in this area. India imports technical textiles worth $16 billions every year. To substitute these numbers, the government continued the National Technical Textile Mission for four years 2020-2021 to 2023-2024 outlying 1480 crore Rs.