Industry & Manufacturing
Finance Ministry panel to clear ₹1.25 lakh crore outlay for India Semiconductor Mission 2.0
What's happening now
The Expenditure Finance Committee under the Finance Ministry is set to approve a ₹1.25 lakh crore outlay for the India Semiconductor Mission 2.0 (ISM 2.0). This increased allocation, significantly higher than the ₹76,000 crore for ISM 1.0, aims to boost indigenous chip design, manufacturing, and supply chain resilience, signaling a strong push for self-reliance in a critical technology sector.
Source: The HinduRead the full story →