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No Proposals From J&K Under Key Electronics Manufacturing Schemes: Centre
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Kashmir Life
SRINAGAR: The Union Government on Friday informed the Rajya Sabha that no proposals have been received from the Union Territory of Jammu and Kashmir under three major schemes aimed at promoting electronics manufacturing and technology startups, including the Modified Special Incentive Package Scheme (M-SIPS), the Electronics Development Fund (EDF), and the Electronics Manufacturing Clusters (EMC) programme.
The minister said the M-SIPS scheme was introduced to attract investment in electronics manufacturing by offering financial incentives to offset high capital costs.
Regarding electronics manufacturing infrastructure, the minister said 31 Electronics Manufacturing Cluster (EMC) projects and five Common Facility Centres have been approved across 18 states under the EMC 1.0 and Modified EMC 2.0 schemes.
These programmes aim to provide plug-and-play infrastructure, including ready land, utilities and common facilities, to attract investments in the electronics manufacturing sector.
No proposal from Jammu and Kashmir has been received under either version of the scheme, the government said.