Budget 2025: Centre allocates Rs 2,500 crore to new scheme for plug-play industrial parks

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Finance Minister Nirmala Sitharaman has allocated Rs 2,500 successful the Budget 2025-26 for a caller strategy for plug and play concern parks.

The caller strategy is formulated to facilitate improvement of investment-ready plug and play concern parks with implicit infrastructure.

The curate has importantly accrued the budgetary allocation for the Department for Promotion of Industry and Internal Trade (DPIIT), which deals with issues similar overseas nonstop concern policy, startups and promoting manufacturing.

According to the Budget documents, the allocation for the section has been accrued by 64 per cent to Rs 13,145.06 crore for 2025-26 from the revised estimation of Rs 8,011 crore successful 2024-25.

The segments wherever allocations were accrued for the adjacent fiscal see intelligence spot related works (Rs 321.34 crore), Footwear, Leather and Accessories Development Programme (Rs 350 crore), National Industrial Corridor Development and Implementation Trust (Rs 2,500 crore), Fund of Funds 2.0 (Rs 2,000 crore), and PLI for achromatic goods (Rs 444.54 crore).

The curate has announced a nationalist manufacturing mission, which volition beryllium a caller strategy for providing argumentation support, execution of roadmaps, governance and monitoring model for the manufacturing assemblage to beforehand Make successful India.

Funds for the Industrial Development of UT of Jammu and Kashmir has been accrued to Rs 300 crore for 2025-26.

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