Industrial Policy: Textiles, MSMEs, and Manufacturing Ecosystem
- Budgetary Allocations
- Textile sector allocation increased by nearly 25%.
- MSME allocation doubled, reflecting employment and export priorities.
- Manufacturing and Infrastructure Schemes
- High-technology tool rooms to be established by CPSEs.
- Scheme for Construction and Infrastructure Equipment Manufacturing introduced.
- ₹10,000 crore allocated for container manufacturing over five years.
- Textile and Handloom Programmes
- National Fibre Scheme for manmade fibre, silk, and wool.
- Mega Textile Parks for technical textiles under challenge mode.
- Textile Expansion and Employment Scheme for traditional cluster modernisation.
- National Handloom and Handicraft Programme for artisan and weaver support.
- Tex-Eco Initiative for sustainable and globally competitive textiles.
- Samarth 2.0 for skill development in the textile workforce.
- MSME Financing and Market Access
- ₹10,000 crore SME Growth Fund for future industrial champions.
- ₹2,000 crore top-up to the Self-Reliant India Fund.
- TReDS platform mandated for CPSE purchases from MSMEs.
- CGTMSE credit guarantees for invoice discounting on TReDS.
- GeM integration and securitisation of MSME receivables proposed.
- Biopharma SHAKTI and Health Sector Strategy
- ₹10,000 crore outlay over five years for biopharmaceutical ecosystem development.
- Focus on biologics and biosimilars for non-communicable disease management.
- Three new National Institutes of Pharmaceutical Education and Research (NIPERs) proposed.
- Existing seven NIPERs to be upgraded.
- Network of 1,000 accredited clinical trial sites planned.
- CDSCO strengthening through scientific review cadres and specialist recruitment.
- Industry welcomed shift from volume-based generics to high-value complex therapies.
- Agriculture and High-Value Crop Promotion
- ₹350 crore allocation for high-value crops in coastal and hilly regions.
- Crops include coconut, sandalwood, cocoa, cashew, agar trees, almonds, walnuts, pine nuts.
- Coconut Promotion Scheme for replanting old and non-productive trees.
- Dedicated programme for raw cashew and cocoa self-reliance.
- States to partner in sandalwood cultivation and post-harvest processing.
- Farmer groups expressed concerns over limited budgetary scale and continuity gaps.
- Rural Employment and Social Protection
- ₹95,692 crore allocated for VB–G RAM G Act, 2025 scheme.
- ₹30,000 crore provided for ongoing MGNREGS operations and liabilities.
- Total rural employment allocation reached ₹1.25 lakh crore.
- Around 8.65 crore active job card holders eligible for employment.
- Experts estimated ₹2.3 lakh crore required to guarantee 125 workdays per worker.
- New Act to replace MGNREGA, 2005, pending formal notification.
- States given six months to implement once law is notified.