Tripartite MoU signed between NTC, MSME & Ministry of Textiles

Q.  A tripartite MoU has been signed between which two ministries and National Textile Corporation to set up a technology centre in IIT-Kanpur?
- Published on 09 Dec 15

a. MSDE and MSME
b. MSDE and Ministry of Textiles
c. MSME and Ministry of Textiles
d. Ministry of Textiles and Ministry of Commerce and Trade

ANSWER: MSME and Ministry of Textiles
A tripartite Memorandum of Understanding (MoU) has been signed on 8th December 2015 among Ministry of Micro, Small & Medium Enterprises (MSME), Ministry of Textiles & National Textile Corporation (NTC) for setting up a Technology Centre (Tool Room) at Kanpur. Under the MoU, Ministry of MSME will fund the project, while NTC would provide the land in a closed, unviable mill.

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