Consider the following statements regarding the 'Grant for Research & Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT)' scheme and the National Technical Textiles Mission:
1. The GREAT scheme exclusively supports innovations in Technical Textiles related to protective applications, such as protective clothing and gear, thereby ensuring focused development in critical safety areas.
2. The National Technical Textiles Mission aims to curtail the penetration level of technical textiles in India to promote indigenous textile manufacturing and reduce import dependency.
3. The GREAT scheme provides financial aid of up to Rs 1 crore for a maximum period of 24 months, facilitating extensive research and commercialization endeavors for startups.
Which of the statements given above is/are incorrect?
Explanation:
Statement 1 is incorrect: The GREAT scheme supports innovations in all segments of Technical Textiles such as Agro-textiles, Building-textiles, Cloth-textiles, Geotextiles, Home-textiles, Industrial-textiles, Medical-textiles, Mobile-textiles, Oeko-textiles, Packaging- textiles, Protective-textiles, Sports textiles, etc.
Statement 2 is incorrect: The National Technical Textiles Mission was launched to increase the penetration level of technical textiles in India while leveraging the extraordinary growth rate of the sector, aiming to position India as a global leader in Technical Textiles.
Statement 3 is incorrect: The GREAT scheme provides financial aid of up to Rs 50 lakh for a maximum period of 18 months.
Explanation:
Statement 1 is incorrect: The GREAT scheme supports innovations in all segments of Technical Textiles such as Agro-textiles, Building-textiles, Cloth-textiles, Geotextiles, Home-textiles, Industrial-textiles, Medical-textiles, Mobile-textiles, Oeko-textiles, Packaging- textiles, Protective-textiles, Sports textiles, etc.
Statement 2 is incorrect: The National Technical Textiles Mission was launched to increase the penetration level of technical textiles in India while leveraging the extraordinary growth rate of the sector, aiming to position India as a global leader in Technical Textiles.
Statement 3 is incorrect: The GREAT scheme provides financial aid of up to Rs 50 lakh for a maximum period of 18 months.