New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman unveiled comprehensive measures to boost India's labor-intensive sectors in a significant policy announcement during the Budget 2025-26 presentation, with a particular focus on the footwear and leather industry.

The initiatives are designed to enhance employment opportunities and foster entrepreneurship across these vital economic segments.

The government plans to implement targeted policy interventions aimed at strengthening the competitiveness, quality standards, and productivity of India's footwear and leather sector.

Central to this initiative is a specialized product scheme that will provide support for designed capacity component manufacturing and the machinery essential fo...