New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed to set up a Rs 10,000 crore fund to create champion small and medium enterprises (SMEs) to boost the economy.
Presenting Union Budget 2026-27, she also proposed a scheme for container manufacturing to create a globally competitive ecosystem.
Also, mega textile parks with focus on value addition to technical textiles would be set up.
The budget also proposed setting up mega textile parks with a focus on value addition to technical textiles and an integrated textile programme with five sub-parts, she stated.
The finance minister said India has the potential to emerge as a global hub for high-quality, affordable sports goods.
She also proposed Mahatma Gandhi Gram Swaraj initiative to strengthen Khadi handloom.
Besides, there would be a scheme to revive 200 legacy industrial clusters.
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