Consider the following statements about boost semiconductor and display manufacturing in India i Th...........

Current GK ( Master) Science & Technology

Consider the following statements about boost semiconductor and display manufacturing in India.

(i) The Union Cabinet approved a ?76,000 crore scheme to boost semiconductor and display manufacturing in the country.

(ii) The scheme would provide fiscal support of up to 50% of the project cost for setting up semiconductor and display fabrication units.

Which of the above statement/s is/are true?

1 Only

2 Only

Both 1 & 2

None of these

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Explanation:

The Union Cabinet approved a ?76,000 crore scheme to boost semiconductor and display manufacturing in the country, taking the total amount of incentives announced for the electronics sector to ?2.3 lakh crore. The comprehensive programme for the “development of sustainable semiconductor and display ecosystem in the country” is aimed at making India a global hub of electronic system design and manufacturing. The scheme would provide fiscal support of up to 50% of the project cost for setting up semiconductor and display fabrication units.