Chandigarh, March 3 -- Haryana Chief Minister Nayab Singh Saini has proposed an allocation of Rs 1,950.92 crore for the Department of Industry and Commerce in the 2026-27 Budget, marking a 46.93 percent increase over last year's allocation of Rs 1,327.76 crore.

Rs 500 Crore 'Saksham' Fund for Old Industrial Areas

In a major relief for industrialists, the Chief Minister announced a special Rs 500 crore fund under the 'Saksham' scheme for the development of 10 old industrial areas across the state. The move is aimed at upgrading infrastructure and reviving legacy clusters.

Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) will introduce a 2026-27 'land on lease' policy allowing long-term lease of industrial plo...