Finance Minister announces a new scheme to expand... ... Union Budget 2026 Live Updates: FM Nirmala Sitharaman presents budget in Lok Sabha

Finance Minister announces a new scheme to expand and create jobs in the textile industry aims to modernise textile clusters. The goal of Samarth 2.0 is to promote skill development in the textile sector.

There are plans to set up large textile parks that will operate in challenge mode. Additionally, a new Mahatma Gandhi Gram Samaj initiative will be launched to support Khadi and handicrafts.