Q. Consider the following statements regarding Samarth Scheme:
1.It aims to provide financial assistance to textile companies.
2.The scheme is implemented by the Ministry of Textiles.
3.It covers the entire value chain of textiles except spinning and weaving in the organized sector.
Which of the statements given above are correct?
Answer: B
Notes:
Explanations –
Statement 1 is incorrect. The Samarth Scheme is focused on skill development and providing training across the textile value chain. It does not specifically aim to provide financial assistance to textile companies.
Statements 2 and 3 are correct. The Ministry of Textiles is responsible for implementing the Samarth Scheme. The Samarth Scheme covers the entire value chain of textiles but excludes spinning and weaving in the organized sector.
Source: AIR
