Finance Minister Nirmala Sitharaman has allotted Rs 2,500 within the Price range 2025-26 for a brand new scheme for plug and play industrial parks.
The brand new scheme is formulated to facilitate improvement of investment-ready plug and play industrial parks with full infrastructure.
The minister has considerably elevated the budgetary allocation for the Division for Promotion of Business and Inside Commerce (DPIIT), which offers with points like overseas direct funding coverage, startups and selling manufacturing.
In response to the Price range paperwork, the allocation for the division has been elevated by 64 per cent to Rs 13,145.06 crore for 2025-26 from the revised estimate of Rs 8,011 crore in 2024-25.
The segments the place allocations have been elevated for the following fiscal embrace mental property associated works (Rs 321.34 crore), Footwear, Leather-based and Equipment Improvement Programme (Rs 350 crore), Nationwide Industrial Hall Improvement and Implementation Belief (Rs 2,500 crore), Fund of Funds 2.0 (Rs 2,000 crore), and PLI for white items (Rs 444.54 crore).
The minister has introduced a nationwide manufacturing mission, which might be a brand new scheme for offering coverage help, execution of roadmaps, governance and monitoring framework for the manufacturing sector to advertise Make in India.
Funds for the Industrial Improvement of UT of Jammu and Kashmir has been elevated to Rs 300 crore for 2025-26.
