{
  "id": 16901668,
  "title": "Cabinet approves Khelo India Sports Goods Manufacturing Scheme with outlay of over Rs 1800 crore",
  "url": "https://urgent.news/2026/10/28/cabinet-approves-khelo-india-sports-goods-manufacturing-scheme-with",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T12:27:33.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/policy/cabinet-approves-khelo-india-sports-goods-manufacturing-scheme-with-outlay-of-over-1800-crore/articleshow/135265174.cms"
  },
  "original_language": "en",
  "account": "The Union Cabinet has approved the Khelo India Sports Goods Manufacturing Scheme with an outlay of over Rs 1800 crore for the period 2026 to 2033-34, according to a recent report. This scheme aims to bolster India's standing in the global sports goods sector by implementing initiatives such as the establishment of dedicated Sports Goods Manufacturing Zones (SGMZs). Scheduled to commence in 2026, the scheme focuses on research and innovation, skill development, quality certification, and market development to foster a globally competitive sports goods industry. Sports Minister Mansukh Mandaviya emphasized that the scheme will generate employment opportunities for the youth and attract investments. The Budget 2026-27 resolution is being fulfilled with this historic step, which will empower the country's sports sector. The Scheme also includes a Turnover Linked Support component to incentivize higher production, capacity expansion, and sustained manufacturing growth. Additionally, it offers assistance for upgrading existing sports goods manufacturing clusters, obtaining certifications from International Sports Federations, and investing in research and innovation through Centres of Excellence in premier educational institutions.",
  "summary": "The Khelo India Sports Goods Manufacturing Scheme has been approved by the Union Cabinet to develop the sports goods industry. The initiative includes creating dedicated Sports Goods Manufacturing Zones to enhance production capabilities. Significant financial support is allocated to encourage innovation and research in sports equipment manufacturing. The scheme aims to generate new employment…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}