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Which two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries)?
- a)Ministries of Power and Textiles
- b)Ministries of Agriculture and Textiles
- c)Ministries of Power and Fertilizers
- d)Ministries of foreign trade and Textiles
- e)Ministries of Power and Chemicals
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
Which two ministries jointly launched SAATHI (Sustainable and Accelera...
Answer – 1. Ministries of Power and Textiles
Explanation
Ministries of Power and Textiles jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries). Under the SAATHI initiative, Energy Efficiency Services Limited (EESL), would provide energy efficient Powerlooms, motors and Rapier kits to the small and medium Powerloom units at no upfront cost. EESL is a public sector entity under the administrative control of Ministry of Power.
Explanation
Ministries of Power and Textiles jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries). Under the SAATHI initiative, Energy Efficiency Services Limited (EESL), would provide energy efficient Powerlooms, motors and Rapier kits to the small and medium Powerloom units at no upfront cost. EESL is a public sector entity under the administrative control of Ministry of Power.
Most Upvoted Answer
Which two ministries jointly launched SAATHI (Sustainable and Accelera...
Ministries of Power and Textiles
The correct answer is option 'A', i.e., Ministries of Power and Textiles. These two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries) to promote energy-efficient technologies in the textile sector.
SAATHI Initiative
The SAATHI initiative aims to help small industries in the textile sector to adopt energy-efficient technologies and processes. It is a collaborative effort between the Ministry of Power and the Ministry of Textiles. The initiative was launched as part of the Government of India's commitment to promote sustainable development and reduce the carbon footprint of the textile industry.
Purpose of SAATHI Initiative
The SAATHI initiative aims to achieve the following objectives:
1. Promote the use of energy-efficient machinery and equipment: The initiative encourages textile units to adopt energy-efficient technologies and machinery to reduce energy consumption and improve productivity.
2. Reduce carbon emissions: By promoting the use of energy-efficient technologies, the SAATHI initiative aims to reduce the carbon emissions of the textile industry, which is one of the major contributors to environmental pollution.
3. Enhance competitiveness of small industries: The adoption of energy-efficient technologies will not only reduce energy costs but also improve the overall competitiveness of small textile industries.
4. Provide financial assistance: The initiative provides financial support to small industries for the adoption of energy-efficient technologies. The Ministry of Power and the Ministry of Textiles collaborate with financial institutions to provide loans at subsidized interest rates.
Implementation of SAATHI Initiative
The SAATHI initiative is implemented through various mechanisms, including:
1. Technology Upgradation Fund Scheme (TUFS): The initiative leverages the existing TUFS scheme to provide financial assistance to textile units for the adoption of energy-efficient machinery and equipment.
2. Capacity building and awareness programs: The Ministry of Power and the Ministry of Textiles organize capacity building programs and awareness campaigns to educate textile units about the benefits of energy-efficient technologies.
3. Technical support: The initiative provides technical support to textile units for the selection and installation of energy-efficient machinery and equipment.
4. Monitoring and evaluation: The progress and impact of the SAATHI initiative are monitored and evaluated regularly to ensure its effectiveness and make necessary improvements.
Conclusion
The joint effort of the Ministries of Power and Textiles through the SAATHI initiative is a significant step towards promoting sustainable and energy-efficient practices in the textile sector. It aims to support small industries in adopting efficient technologies, reducing their carbon footprint, and enhancing their competitiveness in the global market.
The correct answer is option 'A', i.e., Ministries of Power and Textiles. These two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries) to promote energy-efficient technologies in the textile sector.
SAATHI Initiative
The SAATHI initiative aims to help small industries in the textile sector to adopt energy-efficient technologies and processes. It is a collaborative effort between the Ministry of Power and the Ministry of Textiles. The initiative was launched as part of the Government of India's commitment to promote sustainable development and reduce the carbon footprint of the textile industry.
Purpose of SAATHI Initiative
The SAATHI initiative aims to achieve the following objectives:
1. Promote the use of energy-efficient machinery and equipment: The initiative encourages textile units to adopt energy-efficient technologies and machinery to reduce energy consumption and improve productivity.
2. Reduce carbon emissions: By promoting the use of energy-efficient technologies, the SAATHI initiative aims to reduce the carbon emissions of the textile industry, which is one of the major contributors to environmental pollution.
3. Enhance competitiveness of small industries: The adoption of energy-efficient technologies will not only reduce energy costs but also improve the overall competitiveness of small textile industries.
4. Provide financial assistance: The initiative provides financial support to small industries for the adoption of energy-efficient technologies. The Ministry of Power and the Ministry of Textiles collaborate with financial institutions to provide loans at subsidized interest rates.
Implementation of SAATHI Initiative
The SAATHI initiative is implemented through various mechanisms, including:
1. Technology Upgradation Fund Scheme (TUFS): The initiative leverages the existing TUFS scheme to provide financial assistance to textile units for the adoption of energy-efficient machinery and equipment.
2. Capacity building and awareness programs: The Ministry of Power and the Ministry of Textiles organize capacity building programs and awareness campaigns to educate textile units about the benefits of energy-efficient technologies.
3. Technical support: The initiative provides technical support to textile units for the selection and installation of energy-efficient machinery and equipment.
4. Monitoring and evaluation: The progress and impact of the SAATHI initiative are monitored and evaluated regularly to ensure its effectiveness and make necessary improvements.
Conclusion
The joint effort of the Ministries of Power and Textiles through the SAATHI initiative is a significant step towards promoting sustainable and energy-efficient practices in the textile sector. It aims to support small industries in adopting efficient technologies, reducing their carbon footprint, and enhancing their competitiveness in the global market.
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Which two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries)?a)Ministries of Power and Textilesb)Ministries of Agriculture and Textilesc)Ministries of Power and Fertilizersd)Ministries of foreign trade and Textilese)Ministries of Power and ChemicalsCorrect answer is option 'A'. Can you explain this answer?
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Which two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries)?a)Ministries of Power and Textilesb)Ministries of Agriculture and Textilesc)Ministries of Power and Fertilizersd)Ministries of foreign trade and Textilese)Ministries of Power and ChemicalsCorrect answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries)?a)Ministries of Power and Textilesb)Ministries of Agriculture and Textilesc)Ministries of Power and Fertilizersd)Ministries of foreign trade and Textilese)Ministries of Power and ChemicalsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries)?a)Ministries of Power and Textilesb)Ministries of Agriculture and Textilesc)Ministries of Power and Fertilizersd)Ministries of foreign trade and Textilese)Ministries of Power and ChemicalsCorrect answer is option 'A'. Can you explain this answer?.
Which two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries)?a)Ministries of Power and Textilesb)Ministries of Agriculture and Textilesc)Ministries of Power and Fertilizersd)Ministries of foreign trade and Textilese)Ministries of Power and ChemicalsCorrect answer is option 'A'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries)?a)Ministries of Power and Textilesb)Ministries of Agriculture and Textilesc)Ministries of Power and Fertilizersd)Ministries of foreign trade and Textilese)Ministries of Power and ChemicalsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which two ministries jointly launched SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries)?a)Ministries of Power and Textilesb)Ministries of Agriculture and Textilesc)Ministries of Power and Fertilizersd)Ministries of foreign trade and Textilese)Ministries of Power and ChemicalsCorrect answer is option 'A'. Can you explain this answer?.
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