Here’s your UPSC Current Affairs knowledge nugget for today on India Semiconductor Mission 2.0. The Union Cabinet recently approved the second iteration of India’s ambitious Semiconductor Mission, with an outlay of Rs Rs 1.27 lakh crore. Compared to the first iteration of the India Semiconductor Mission (ISM), government incentives have been slashed in ISM 2.0. A visual comparison of India Semiconductor Mission 1.0 and 2.0, showcasing how India’s semiconductor policy has evolved from attracting chip manufacturing to building an end-to-end semiconductor ecosystem. Post Read Questions(1) With reference to India Semiconductor Mission (ISM) 2.0, consider the following statements:1.