Govt OKs invest promotion scheme extension for 5 yrs with INR-10-bln outlay
This story was originally published at 10:56 IST on 23 May 2026
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NEW DELHI – The government has approved the extension of the Scheme for Investment Promotion for five years, according to a gazette notification published Friday. The financial outlay on the scheme for financial year 2026-27 (Apr-Mar) to FY31 is INR 9.96 billion.
The scheme will have three components, the first being to provide high-quality services targetted to foreign and domestic investors. These will range from helping with logistics and regulation advisory and helping with getting project approvals from the Centre and states. Other activities would include forums with executives and joint commission meeting, developing the Project Monitoring Group, the National Single Window system, and the One District One Product scheme.
The scheme will also enhance outreach in specified countries, regions, and sectors to help make India a preferred investment destination. Under the scheme, there will be support to state governments, Indian missions abroad and industry organisations to help promote investment in India, including through branding and promotional activities.
The government will also engage in consultations to provide project management support under the scheme. The consultant or agency will assist in building capacity through industry and sector-specific reports pitching innovative projects, the notification said.
The scheme was first introduced in 2008 and last ran from calendar years 2021-26. "To sustain and take the investment momentum forward, it is important to continue with the activities under 'Scheme for Investment Promotion' in a more focused and targeted manner thereby promoting Make in India and AatmaNirbhar Bharat," the government said. End
Reported by Aaryan Khanna
Edited by Vandana Hingorani
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