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Coronavirus outbreak: Govt to fast-track manufacturing of tech items

The Union Cabinet is quickly anticipated to take up for consideration a scheme that may purpose at boosting the manufacturing of good telephones, semi-conductors, and different high-value tech items. This proposal is prone to substitute current schemes just like the Modified Special Incentive Package Scheme (MSIPS), Electronic Manufacturing Clusters (EMC), and Electronics Development Fund (EDF), Business Standard has learnt.

The scheme was first introduced by Finance Minister Nirmala Sitharaman within the Union Budget this 12 months. Work on the scheme is being accelerated as a result of India sees alternatives within the …





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