<h1>Cabinet Approves Rs. 500 Crore Scheme for Eco-Friendly Textile Processing, Boosting Global Competitiveness and R&D Initiatives &D.</h1> The Cabinet Committee on Economic Affairs has approved the Integrated Processing Development Scheme (IPDS) with a budget of Rs. 500 crore during the 12th Five Year Plan. The scheme aims to address environmental issues in Textile Processing Units by establishing four to six brownfield projects and three to five greenfield projects. Eligible projects include Common Effluent Treatment Plants, renewable energy power generation, infrastructure for water management, and facilities for testing and R&D. The initiative seeks to enhance global competitiveness in the textiles industry through environmentally friendly practices and technology, focusing on water and wastewater management and promoting research and development.