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.