India's Budget Proposal Aims to Revitalize Traditional Industrial Clusters

India's latest budget proposal outlines a plan to rejuvenate 200 traditional industrial clusters, focusing on supporting the growth of small and medium-sized enterprises (SMEs). According to Jin10, the government intends to implement a three-pronged approach to aid these businesses. The proposal includes allocating 100 billion rupees to the SME fund and an additional 20 billion rupees to the Self-Reliant India (SRI) fund.