DMPQ-Electronic industry is going to be the hotspot for Indian economy. Discuss the steps taken by India to promote electronic industry in India.

With an aim to create a $400-billion electronicsmanufacturing industry & generate 1 cr jobs by2025, the Ministry of Electronics and InformationTechnology (MeitY) has come out with the draft‘National Policy on Electronics 2018’ (NPE 2018).

Initiatives taken for Electronic System Design &Manufacturing (ESDM) Sector in India

  • Electronics Manufacturing Clusters: To overcome disadvantages due toinfrastructure, EMC was launched whichencouraged entities to provide good qualityinfrastructure and logistics within a cluster.The Government provides 50% & 75% of thecost for development of infrastructure inGreenfield & Brownfield clusters respectively.
  • Modified Special Incentive Package scheme(M-SIPS): In order to compensate fordisadvantages in domestic manufacturing, MSIPSprovides for capital subsidy of 25% forElectronics Industry located in non-SEZ areaand 20% for those in SEZ areas.
  • Preferential Market Access: It is a schemeguaranteeing preference for locallymanufactured products during procurement(minimum 30%) for government projects.
  • Electronics Development Fund (EDF): In orderto promote startups and innovation and alsoto achieve an ambitious target of ‘Net ZeroImports’ by 2020, EDF was launched which is a

fund of funds (invests in Venture funds, whichin turn invests in ventures).

Phased Manufacturing Programme (PMP):PMP has the objective of progressively

increasing the domestic value addition in the domain of mobile handsets and componentsmanufacturing.


TSPSC  Notes brings Prelims and Mains programs for TSPSC  Prelims and TSPSC  Mains Exam preparation. Various Programs initiated by TSPSC  Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––

Hope we have satisfied your need for TSPSC Prelims and Mains Preparation

Kindly review us to serve even better

TSPSC Mains Test Series 2020

20 Quality mock tests and GS Mains Notes

Mains Test Series and Notes

Mains Printed Notes (With COD)

TSPSC Prelims Test Series 2020

24 Quality mock tests and GS Prelims Notes

Prelims Test Series and Notes

Prelims Printed Notes (With COD)

Subscribe to TSPSC Notes

Never Miss any TSPSC important update!

Join 1,703 other subscribers