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National Electronics Mission to get Rs 1 bn during 12th Plan

Indiantelevision.com Team

(11 September 2012 8:20 pm)

NEW DELHI: A sum of Rs 1 billion has been earmarked for the National Electronics Mission, including marketing and brand development, during the Twelfth Five Year Plan.

This is part of the Rs 334 billion allocated to the Department of Electronics and Information Technology for ‘Promotion of Electronics Hardware Manufacturing’ during the years 2012-17.

Of the total sum, Rs 30 billion is meant for the Electronics Development Fund (EDF), sources in the Telecom and IT Ministry said.

A total of Rs 200 billion would go towards Infrastructure and Ecosystem (Special Incentive Package Scheme (SIPS), Modified SIPS, Electronics Manufacturing Clusters (EMC).

The proposed allocation in the Twelfth Plan for the Programme, ‘Promotion of Electronics Hardware Manufacturing’, has been sought keeping in view the objectives of the draft National Policy on Electronics 2011. The allocation is required to fund various strategies outlined in the draft National Policy on Electronics 2011.