₹22,919 Crore Electronics Component Scheme for Atmanirbhar Bharat

Current Context: The ₹22,919 crore Electronics Component Manufacturing Scheme, officially notified on April 8, 2025, is a government initiative to strengthen India's electronics manufacturing capabilities and support the vision of Atmanirbhar Bharat (self-reliant India).

Key highlights of the scheme include:

Incentives: The scheme offers turnover-linked, capex, and hybrid incentives to encourage domestic manufacturing of electronic components.
Employment Generation: It aims to create over 91,600 direct jobs and many indirect opportunities.
Investment and Production Goals: The scheme is expected to attract investments worth ₹59,350 crore and generate production valued at ₹4,56,500 crore.
Focus Areas: It targets sub-assemblies like camera and display modules, electro-mechanical components, and multi-layer printed circuit boards.

Question:

Q.1 What is the total outlay of the Electronics Component Manufacturing Scheme?
a) ₹50,000 crore
b) ₹35,000 crore
c) ₹22,919 crore
d) ₹18,500 crore

Answer: c) The total allocation for the scheme is ₹22,919 crore, aimed at strengthening India’s capability in electronics components manufacturing.