As per the Union Budget 2020-21, what will be the implementation period of the National Technical Textiles Mission?

Correct option is C

The correct answer is (c) 2020-21 to 2023-24
Explanation:
• The National Technical Textiles Mission was approved in February 2020 by the Cabinet Committee on Economic Affairs.
• It is implemented for a 4-year period from 2020-21 to 2023-24.
• The mission aims to boost India’s technical textiles sector, fostering innovation and R&D.
• Total estimated outlay for the mission is ₹1,480 crore.
• It covers various application areas like healthcare, infrastructure, defense, and agriculture.
Information Booster:
• Technical textiles include products like PPE kits, airbags, geotextiles, and agro-textiles.
• The mission includes four components: Research & Innovation, Promotion & Market Development, Education & Training, and Export Promotion.
• It is designed to increase India’s share in the global technical textiles market.