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<h1>Finance Minister Allocates Funds for Trade Centre, Textile Clusters, and Craft Initiatives Across India to Boost Handloom Industry.</h1> The Union Finance Minister announced a budget allocation to establish a Trade Facilitation Centre and Crafts Museum in Varanasi with Rs. 50 crore to promote handloom products. Additionally, eight Textile Mega Clusters will be set up in various cities, including Varanasi and Lucknow, with a total investment of Rs. 200 crore. A Hastkala Academy in Delhi will be established for the handloom and handicraft sector with Rs. 30 crore. A Pashmina Promotion Programme and development initiatives for crafts in Jammu and Kashmir will receive Rs. 50 crore.