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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.

Question:

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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