Union Minister Ashwini Vaishnaw Launches Guidelines and Portal for ECMS

Current Context: Union Minister for Electronics and IT, Ashwini Vaishnaw, launched the Electronics Component Manufacturing Scheme (ECMS) guidelines and its online portal on April 26, 2025.

• This initiative aims to strengthen India's electronics manufacturing ecosystem by attracting investments and integrating Indian companies into global value chains.

Key highlights of the scheme:

• Budget: ₹22,919 crore, spanning six financial years (FY 2025–26 to FY 2031–32).
• Focus Areas: Electronics, power, automotive, and industrial equipment sectors.
• Incentives: Linked to employment generation, capital expenditure, and company turnover.
• Applications Open: From May 1, 2025, via the online portal2.

The scheme emphasizes innovation, quality (Six Sigma standards), and the establishment of design teams.

Question:

Q.1 What is the total budget allocated for the Electronics Component Manufacturing Scheme (ECMS)?
a) ₹10,000 crore
b) ₹15,000 crore
c) ₹22,919 crore
d) ₹30,000 crore

Answer: c) The ECMS has a budget of ₹22,919 crore, which is allocated over six financial years from FY 2025–26 to FY 2031–32.