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FM meets Silicon Valley Investors

Published on April 27, 2022
Current Context: Hon. Finance Minister met the Silicon Valley Giants in the perusal of attracting investment in the Semiconductor Sector.
FM meets Silicon Valley Investors
  • Pushing the National Semiconductor Mission which has an outlay of 76,000 crore Rupees, Hon. FM met the Executives of AMD, INTEL, etc., and assured them of a thriving ecosystem for Semiconductor manufacturing.
  • The Finance Minister also made them aware of the Performance Linked Incentive (PLI). The PLI will give the required push to those interested in manufacturing Semiconductors.
  • She made the pitch for investment through a roundtable organized under the title Investing in India’s Digital Revolution. She also announced Digital currency to be introduced by 2023.


Q.1 What is the total outlay of the National Semiconductor Mission?
a. 76,000 Crore
b. 56,000 Crore
c. 66,000 Crore
d. 40,000 Crore
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