Published on Jun 19, 2024
Current Affairs
GREAT Scheme
GREAT Scheme

❖ The Empowered Programme Committee of Ministry of Textiles has approved 7 startup proposals under the GREAT scheme.

❖ The Government is providing a maximum fund support of Rs 50 lakhs per startup, over 18 months.

❖ GREAT stands for Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT).

❖ It is part of the National Technical Textiles Mission (NTTM).

❖ The scheme aims to harness India’s talent and expertise in the technical textiles sector to introduce innovative products and technologies to the market.