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How much money has the Union Cabinet approved for the manufacture of semiconductors?
A)
Rs 41,000 crore
B)
Rs 52,000 crore
C)
Rs 65,000 crore
D)
Rs 76,000 crore

Correct Answer : Option (D) - Rs 76,000 crore


Telecom and IT Minister Ashwini Vaishnaw said the decision will help design, fabrication, packing and testing of the microchips and develop a complete ecosystem.
 
The Union Cabinet on Wednesday(15-12-2021) approved a Rs 76,000 crore policy boost for semiconductor and display manufacturing ecosystem in the country in an bid to position India as a global hub for hi-tech production.
 
Announcing the decision of the Cabinet, IT and Telecom Minister Ashwini Vaishnaw observed that electronics plays an important role in everyday life, and semiconductor chips forms a crucial part of electronics.
 
Outlining the details of the scheme, he said the Rs 76,000 crore programme has been approved for the development of semiconductors and display manufacturing ecosystem.

Source : Financial Express

Published On : December 18, 2021
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