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India Unveils New Schemes for Textiles, Food Processing, and Social Security; Economic Growth Surges

November 29, 2025

The Indian government has launched several key initiatives, including the Tex-RAMPS Scheme to bolster the textiles sector, a new phase of the Production-Linked Incentive (PLI) scheme for food processing, and a special enrolment drive by EPFO and ESIC to expand social security coverage. Concurrently, India recorded an impressive 8.2% GDP growth in Q2 FY26, driven by robust consumer demand and manufacturing, even as plans to open the civil nuclear sector to private firms were announced. However, protests against new labor codes also marked the day.

Question 1 of 15

What is the full form of the recently approved Tex-RAMPS Scheme for the textiles sector?

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