Current Context: Ministry of Electronics and Information Technology, Ravi Shankar Prasad has launched a scheme called ‘Electronics Manufacturing Scheme 2.0’ which is a trilogy of three schemes.
- The outlay of ‘Electronics Manufacturing Scheme 2.0’ is Rs 50,000 crore which will help to boost electronics market in India and which will lead to achieving USD 1 Trillion digital Indian economy and a USD 5 Trillion GDP by 2025.
- The trio sub-schemes included in the main scheme are (a) Production Linked Incentive Scheme (PLI) for large scale electronics manufacturing (b) Schemes for Promotion of manufacturing of Electronics Components and Semiconductors (SPECS). (c) Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme.
- The PLI scheme is specifically for mobile phones and possess an outlay of Rs 40,000 crore. The SPECS scheme has an outlay of Rs 3285 crore and focusses on promotion of electronics component manufacturing in India. The EMC 2.0 sub-scheme aims to provide land for large manufacturing electronics clusters and will provide them with necessary infrastructure support.
Question:
Q.1 What is the outlay granted by MEITY ministry for ‘Electronics Manufacturing Scheme 2.0’?
a. Rs 20,000 crore
b. Rs 50,000 crore
c. Rs 40,000 crore
d. Rs 30,000 crore
a. Rs 20,000 crore
b. Rs 50,000 crore
c. Rs 40,000 crore
d. Rs 30,000 crore
