Consider the following statements about National Technical Textiles Mission:1. Its implementation period is from FY20-21 to FY29-30.2. The Mission aims to position India as a global leader in Technical Textiles.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

Answer: B

Notes:

About National Technical Textiles Mission:

The Mission aims to position India as a global leader in Technical Textiles and improve the penetration level of technical textiles in the country.
Its implementation period is from FY20-21 to FY23-24. India shares nearly 6% of the world market size of USD 250 billion.
The penetration level of technical textiles is low in India at 5-10%, against 30-70% in advanced countries.
Under the project, the Ministry of Textiles has cleared 20 strategic research projects in the areas of Specialty fibres and Geotextiles.

Source: EPIC January 2022