11 Articles
11 Articles
Finance Ministry clears ₹1.25-lakh crore for India Semiconductor Mission 2.0
The Ministry of Finance (MoF) has cleared a budget proposal of around ₹1.25 lakh crore for India Semiconductor Mission 2.0 (ISM 2.0) as the country expands its chip-making facilities, inviting more global companies to cement its position as a semiconductor destination for the world
EFC approves Rs 1.25 lakh crore for India Semiconductor Mission 2.0 - The Canadian Media
IBNS-CMEDIA: The Finance Ministry's Expenditure Finance Committee (EFC) has approved an outlay of Rs 1.25 lakh crore for the India Semiconductor Mission (ISM) 2.0, giving a push to the country's ambitious semiconductor manufacturing initiative, media reports said. The proposal was cleared by the EFC last week and will now be placed before the Union Cabinet
India Semiconductor Mission 2.0 Gets INR 1.25 Lakh Cr Boost
The Expenditure Finance Committee (EFC) of the Ministry of Finance has sanctioned a budget of INR1.25 lakh crore for the India Semiconductor Mission 2.0. This will allow the country to move on to the next stage of its chip manufacturing push. The plan has already been approved by the EFC and is now awaiting final approval from the Union Cabinet.Compared to the INR 76,000 crore allotted under ISM 1.0, the planned expenditure is substantially high…
India approves major semiconductor mission expansion
NEW DELHI The Finance Ministry’s Expenditure Finance Committee (EFC) has officially approved a substantial 1.25 lakh crore rupee outlay for the India Semiconductor Mission (ISM) 2.0. This major financial commitment marks a significant step forward in the country’s ambition to become a global leader in electronics manufacturing, with the proposal now heading to the Union Cabinet for final authorization. This new allocation represents a massive ju…
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