Cabinet approves Khelo India sports goods scheme with over ₹1,800 crore
In short
The Union Cabinet approved the Khelo India Sports Goods Manufacturing Scheme with an outlay of over ₹1,800 crore. The plan includes special manufacturing zones and support for research and innovation in sports equipment.
It is meant to help the sports goods industry grow, create jobs, and reduce imports. The reporting does not say when the scheme will start or which companies will benefit.
What the reporting says
The Union Cabinet approved the Khelo India Sports Goods Manufacturing Scheme to develop India’s sports goods industry, with an outlay of over ₹1,800 crore. The plan includes dedicated Sports Goods Manufacturing Zones and financial support for innovation and research in sports equipment manufacturing. The stated goal is to boost production, create jobs and cut import dependence, though the timing and rollout details are not stated in the available reporting.
Why it matters
The Union Cabinet approved the Khelo India Sports Goods Manufacturing Scheme to support India’s sports goods industry. The plan, with an outlay of over ₹1,800 crore, includes dedicated manufacturing zones and funding for innovation and research. The immediate effect should be stronger policy support for manufacturers, but the reporting does not specify implementation timelines, beneficiary firms, or how the funding will be allocated.