National Manufacturing Mission in Budget 2025-26: Key Points
Why in the news
Budget 2025-26 announced the National Manufacturing Mission, offering policy support and governance structure to industry under Make in India.
Key facts
- Clean tech is backed: solar PV cells, EV batteries, motors, electrolysers, wind turbines, high voltage transmission equipment, grid-scale batteries.
- Labour-intensive sectors get targeted policies for jobs.
Five focus areas
- Ease and cost of doing business
- Workforce ready for high-demand jobs
- Stronger MSMEs
- Technology availability and adoption
- Product quality standards
Sector schemes
| Scheme | Focus and outcome |
|---|---|
| Footwear and Leather Industry Support Scheme | Design, components, machinery; 22 lakh jobs, ₹4 lakh crore turnover, ₹1.1 lakh crore exports |
| National Action Plan for Toys | Clusters, skills, “Made in India” branding; global toy hub |
| Food processing | National Institute of Food Technology, Entrepreneurship and Management in Bihar; better farmer incomes through value addition |
Exam angle
- Number of focus areas: five.
- Food technology institute location: Bihar.