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With reference to the PM MITRA scheme, consider the following statements:
  1. It will provide the opportunity to create an integrated semiconductor value Chain. 
  2. It is being implemented by the Union Ministry of Electronics and Information Technology.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
With reference to the PM MITRA scheme, consider the following statemen...
The correct answer is option 'D' - Neither 1 nor 2.

Explanation:
- The PM MITRA (Prime Minister's Mentoring Initiative for Technical Advancement) scheme does not aim to provide an opportunity to create an integrated semiconductor value chain. This statement is incorrect.
- The PM MITRA scheme is not being implemented by the Union Ministry of Electronics and Information Technology. This statement is also incorrect.

The PM MITRA scheme is a mentoring initiative launched by the Ministry of Human Resource Development (now known as the Ministry of Education) in collaboration with the All India Council for Technical Education (AICTE). Its objective is to provide mentoring support to students of higher education institutions and guide them in areas such as entrepreneurship, innovation, and research.

The scheme is primarily focused on providing mentorship to students in the fields of engineering, technology, and management. It aims to connect students with experienced professionals, entrepreneurs, and academicians who can provide guidance, share their expertise, and help them in their career and personal development.

The mentors under the PM MITRA scheme are selected based on their experience, knowledge, and willingness to contribute to the growth and development of students. They are expected to provide guidance, support, and motivation to the mentees, help them identify their strengths and weaknesses, and assist them in setting and achieving their goals.

The PM MITRA scheme is a unique initiative that aims to bridge the gap between academia and industry by connecting students with industry experts. It provides a platform for students to learn from experienced professionals, gain practical knowledge, and develop the skills required to succeed in their chosen field.

In conclusion, the PM MITRA scheme is not related to the creation of an integrated semiconductor value chain, and it is not being implemented by the Union Ministry of Electronics and Information Technology. Therefore, both statements given in the question are incorrect. The correct answer is option 'D' - Neither 1 nor 2.
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With reference to the PM MITRA scheme, consider the following statemen...
Recently, the Prime Minister of India has lauded the foundation stone laying of 2 mega textile parks in Maharashtra and Gujarat under the PM Mega Integrated Textile Regions and Apparel (PM MITRA) scheme.
  • It will offer the opportunity to create an Integrated Textiles Value Chain right from spinning, weaving, processing/dyeing and printing to garment manufacturing etc. at one location and will reduce the logistics cost of the Industry.
  • Special Purpose Vehicle owned by the Centre and State Government will be set up for each park which will oversee the implementation of the project.
  • Funding
  • The Ministry of Textiles will provide financial support in the form of Development Capital Support up to Rs. 500 crores per park to the Park SPV.
  • A Competitive Incentive Support (CIS) of up to Rs 300 crore per park to the units in PM MITRA Park shall also be provided to incentivise speedy implementation.
  • State governments will provide a contiguous and encumbrance-free land parcel of at least 1000 acres of land.
  • Nodal Ministry: Ministry of Textiles
  • Government of India has planned to establish these parks in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra.
Hence both statements are not correct.
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With reference to the PM MITRA scheme, consider the following statements: It will provide the opportunity tocreate an integrated semiconductor value Chain. It is being implemented by the Union Ministry of Electronics and Information Technology.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?
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