DeitY seeks Rs 33,400cr for promoting electronics mfg

Another Rs 25 cr sought for other programmes

PTI | September 5, 2012



The Department of Electronics and Information Technology (DeitY) has sought an allocation of Rs 33,400 crore for promoting electronics hardware manufacturing under the Twelfth Five Year (2012-17) Plan.

The proposed allocation of Rs 33,400 crore in the 12th Plan for the programme has been sought keeping in view the objectives of the draft National Policy on Electronics 2011, an official statement on Tuesday said.

The allocation is required to fund various strategies outlined in the draft National Policy on Electronics 2011, it added.

While Rs 100 crore has been sought under National Electronics Mission (NEM), an allocation of Rs 20,000 crore has been sought under Infrastructure and Ecosystem (Special Incentive Package Scheme (SIPS), Modified SIPS, Electronics Manufacturing Clusters (EMC) etc, the statement quoted Minister of State for Communications and IT Sachin Pilot as saying.

Around Rs 10,000 crore have been sought in allocation for semiconductor fabs, while Rs 3,000 crore and Rs 275 crore have been sought under Electronics Development Fund (EDF) and Standards/Test Certification, respectively.

Another Rs 25 crore has been sought for other programmes, the statement said.

Comments

 

Other News

Govt, RBI announce major reforms to attract FPI

The finance ministry on Friday announced a series of measures aimed at enhancing the ease of investment for individual Persons Resident Outside India (PROIs) and Foreign Portfolio Investors (FPIs), and to attract stable long-term foreign capital flows.   Building on the recent in

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of …    As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain

Supreme Court gets five new judges

Five new judges were appointed to the Supreme Court of India on Monday. "Vide Notifications of even number dated 01.06.2026, in exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the Hon’ble President of India is pleased to appoint (i) Shri

Astonishing breadth and depth of ancient Indian knowledge systems

The Greatest Books of Ancient India: Incredible Ideas about Science, Music, Maths, Art and More By Dr. Pradeep Chakravarthy and Dr. R. Thiagarajan Hachette India, 208 pages, Rs 399  





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter