Budget 2026-27: Reviving 200 Legacy Industrial Clusters for Growth
Government aims to revive 200 legacy industrial clusters to boost growth.
Photo by Shoham Avisrur
Key Facts
Revival of 200 legacy industrial clusters
Focus on infrastructure, technology, market access
UPSC Exam Angles
GS Paper 3: Economy - Industrial Policy and Development
Connects to syllabus topics like infrastructure, investment models, and inclusive growth
Potential question types: Statement-based, analytical questions on the role of industrial clusters in economic development
Visual Insights
Potential Locations of Revived Industrial Clusters
This map shows potential locations where the 200 legacy industrial clusters could be revived. As the specific locations are not mentioned, markers are placed in states known for industrial activity.
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More Information
Background
Latest Developments
Frequently Asked Questions
1. What are the key facts about the revival of 200 legacy industrial clusters that are important for the UPSC Prelims exam?
The key facts for Prelims are: The government is planning to revive 200 legacy industrial clusters. The focus is on improving infrastructure, technology, and access to markets. This initiative aims to enhance competitiveness and create employment opportunities.
Exam Tip
Remember the number '200' as it's a specific figure that can be tested in Prelims.
2. What is the main goal of reviving these 200 legacy industrial clusters?
The main goal is to boost economic growth and create employment opportunities by improving infrastructure, technology, and market access for these clusters.
3. Why is the government focusing on reviving legacy industrial clusters now?
The revival of legacy industrial clusters aligns with the government's broader strategy to boost economic growth and create employment opportunities. Recent initiatives like the Production-Linked Incentive (PLI) scheme also support domestic manufacturing.
4. According to the topic, what specific areas will the government focus on to improve these industrial clusters?
The government will focus on improving infrastructure, technology, and access to markets for these clusters.
5. What role does the NTTF report play in the revival of these industrial clusters?
The NTTF report suggests joint policy intervention from state and central governments to improve these clusters.
6. How might the revival of these industrial clusters impact common citizens?
The revival is expected to create employment opportunities and enhance competitiveness in these regions, potentially leading to better economic conditions for common citizens.
7. What are some potential challenges in reviving these 200 legacy industrial clusters?
Potential challenges include outdated infrastructure, lack of access to modern technology, and difficulty in accessing markets. Coordination between state and central governments will also be crucial.
8. What is the significance of Michael Porter's cluster theory in the context of reviving these industrial clusters?
Michael Porter's cluster theory emphasizes the importance of geographic concentration of interconnected companies and institutions. This theory highlights how such concentration can enhance competitiveness and innovation, which is relevant to the revival efforts.
9. What aspects of Asian economies are being looked at for best practices in this revival effort?
The government is looking at Asian economies for best practices, but the specific aspects are not detailed in the topic data.
10. How might the Production-Linked Incentive (PLI) scheme support the revival of these industrial clusters?
The PLI scheme aims to incentivize domestic manufacturing and attract investment in key sectors. This can complement the efforts to improve infrastructure and technology in the industrial clusters, enhancing their competitiveness.
Practice Questions (MCQs)
1. Consider the following statements regarding the government's initiative to revive legacy industrial clusters: 1. The initiative aims to revive approximately 200 legacy industrial clusters. 2. The initiative focuses solely on improving technology within these clusters. 3. The NTTF report suggests joint policy intervention from state and central governments for the success of this initiative. Which of the statements given above is/are correct?
- A.1 only
- B.2 and 3 only
- C.1 and 3 only
- D.1, 2 and 3
Show Answer
Answer: C
Statement 1 is CORRECT: The government is set to revive approximately 200 legacy industrial clusters. Statement 2 is INCORRECT: The initiative focuses on improving infrastructure, technology, and access to markets, not solely on technology. Statement 3 is CORRECT: The NTTF report suggests joint policy intervention from state and central governments for the success of this initiative.
2. Which of the following best describes Michael Porter's contribution to the understanding of industrial clusters?
- A.He developed the concept of comparative advantage in international trade.
- B.He emphasized the importance of geographic concentration of interconnected companies and institutions in a particular field.
- C.He introduced the idea of economies of scale in manufacturing.
- D.He advocated for government intervention in regulating monopolies.
Show Answer
Answer: B
Michael Porter's cluster theory emphasizes the importance of geographic concentration of interconnected companies and institutions in a particular field. This theory highlights how clusters enhance competitiveness through increased productivity, innovation, and new business formation.
3. Consider the following statements regarding the Scheme of Fund for Regeneration of Traditional Industries (SFURTI): 1. It aims to organize traditional industries and artisans into clusters to make them competitive. 2. It is implemented by the Ministry of Skill Development and Entrepreneurship. 3. SFURTI provides financial assistance for infrastructure development and skill training. Which of the statements given above is/are correct?
- A.1 and 2 only
- B.1 and 3 only
- C.2 and 3 only
- D.1, 2 and 3
Show Answer
Answer: B
Statement 1 is CORRECT: SFURTI aims to organize traditional industries and artisans into clusters to make them competitive. Statement 2 is INCORRECT: SFURTI is implemented by the Ministry of MSME, not the Ministry of Skill Development and Entrepreneurship. Statement 3 is CORRECT: SFURTI provides financial assistance for infrastructure development and skill training.
