{"id":30963,"date":"2025-02-07T02:13:19","date_gmt":"2025-02-06T20:43:19","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=30963"},"modified":"2025-04-16T01:19:00","modified_gmt":"2025-04-15T19:49:00","slug":"great-scheme","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/great-scheme\/","title":{"rendered":"GREAT Scheme"},"content":{"rendered":"<h2>GREAT Scheme Latest News<\/h2>\n<p>Recently, the central government has approved 04 Start-Ups with a grant under the \u2018Grant for Research &amp; Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT)\u2019 scheme.<\/p>\n<h2>About GREAT Scheme<\/h2>\n<ul>\n<li>It was <strong>launched in August 2023<\/strong> with the aim to develop the Startup Ecosystem in Technical Textiles in India.\u00a0<\/li>\n<li>It has evolved under the Research, Development, and Innovation Component of <strong>National Technical Textiles Mission<\/strong> (NTTM).<\/li>\n<li>It encourages young <strong>innovators, scientists\/technologists<\/strong>, and startup ventures in the field of <strong>Technical Textiles<\/strong> to translate their ideas into commercial technologies\/products and make India self-reliant.<\/li>\n<li>It supports <strong>individual entrepreneurs or start-ups<\/strong> for functional prototypes or commercialization of their technologies for Technical Textile.<\/li>\n<li>It supports innovations under application areas 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.<\/li>\n<li><strong>Funding: <\/strong>A grant-in-aid of up to <strong>Rs 50 lakh for up to a period of 18 months<\/strong> will be provided.<\/li>\n<\/ul>\n<h3>Key facts about the National Technical Textiles Mission<\/h3>\n<ul>\n<li>It was launched to increase the penetration level of technical textiles in India while leveraging the extraordinary growth rate of the sector.<\/li>\n<li>The mission aims to position India as a global leader in Technical Textiles.<\/li>\n<li><strong>Components of National Technical Textiles Mission<\/strong><\/li>\n<li>Research, Innovation and Development<\/li>\n<li>Promotion and Market Development<\/li>\n<li>Export Promotion<\/li>\n<li>Education, Training, Skill Development<\/li>\n<li><strong>Nodal Ministry:<\/strong> Ministry of Textiles\u00a0<\/li>\n<\/ul>\n<h2>GREAT Scheme FAQs<\/h2>\n<p><strong>Q1: <\/strong>What is the outlay of the GREAT scheme?<\/p>\n<p><strong>Ans:<\/strong> 50 Lakh\u00a0<\/p>\n<p><strong>Q2: <\/strong>What is the GREAT scheme under NTTM?<\/p>\n<p><strong>Ans:<\/strong> It is part of the National Technical Textiles Mission (NTTM). Under the GREAT scheme, grant-in-aid is provided over 18 months.<\/p>\n<p><strong>Q3: <\/strong>What is a technical textile?<\/p>\n<p><strong>Ans:<\/strong> Technical textiles are defined as textile materials and products used primarily for their technical performance and functional properties rather than their aesthetic or decorative characteristics.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleseDetail.aspx?PRID=2099651&amp;reg=3&amp;lang=1\" target=\"_blank\" rel=\"nofollow noopener\"><strong>PIB<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GREAT Scheme was launched in August 2023 with the aim to develop the Startup Ecosystem in Technical Textiles in India. <\/p>\n","protected":false},"author":5,"featured_media":30964,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-30963","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/30963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=30963"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/30963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/30964"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=30963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=30963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=30963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}