Homegovernment schemeCabinet approves scheme worth Rs 10,000 cr to promote domestic manufacturing

Cabinet approves scheme worth Rs 10,000 cr to promote domestic manufacturing

New Delhi: The Union Cabinet has approved the Container Manufacturing Promotion Scheme to promote domestic manufacturing. The total outlay for the scheme is 10,000 crore rupees for 13 years upto Financial Year 2039-40. It has four components, including Interest Subvention Assistance, Testing and Certification assistance, Land Leasing support and Operational Expenditure Assistance. The Cabinet also gave its nod to Dearness Allowance to Central government employees and Dearness Relief to pensioners by 3 percent due from 1st July 2026.
Briefing media this afternoon in New Delhi, Information and Broadcasting Minister Ashwini Vashnaw said the Cabinet has approved the Khelo India Sports Goods Manufacturing Scheme to position India as a global hub for high-quality sports goods. He added that the scheme has an approved outlay of one thousand 856 crore rupees over eight years, from 2026-27 to 2033-34.
The Cabinet has also approved the Pradhan Mantri Viksit Gram Swaraj Yojana (PMVGSY) scheme as a Centrally Sponsored Scheme. It aims to transform Panchayats into empowered, self-reliant, accountable and high-performing institutions of local self-government, in line with the vision of Viksit Bharat. The duration is for five years from 2026-27 to 2030-31. The scheme has a total financial outlay of 7,395 crore rupees. The scheme applies to all States and Union Territories, including rural local governance institutions in non-Part IX areas. It will cover more than 2.78 lakh Rural Local Bodies and Traditional Bodies across the country. Around 32 lakh elected representatives will benefit directly, along with Panchayat functionaries.
[AIR news]
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