Context:
As India prepares for the Union Budget 2025-26 here is a look at recently launched schemes, older schemes with reduced funding, Production Linked Incentive (PLI) schemes and initiatives promoting electric mobility.
- Solar Rooftop Scheme, 2024
- Rs. 6250/- crore allocated for installation.
- PM Vishwakarma Scheme
- The traditional skills and for this a special PM Vishwakarma Scheme support for skills learning in the context of guru shishya tradition.
- Budget Allocation: Rs 13000 crore for 5 years 2023 to 2028.
AI development Schemes
- India AI mission
- Financial Support:
- The Union Cabinet has approved the Rs 10,372 crore IndiaAI Mission in March to establish a computing capacity of over 10,000 GPUs and develop foundational models for priority sectors such as health, agriculture, and governance.
- Financial Support:
Older Schemes with Reduced Funding
- Smart Cities Mission
- Declining allocation for urban development in 100 cities.
