Cabinet approves proposal of National Policy on Electronics-2019

Cabinet approves proposal of national policy on electronics-2019

Question: National Policy on Electronics-2019 aims to promote domestic manufacturing and export to achieve a turnover by 2025?
(a) 400 million USD
(b) 300 million USD
(c) 200 million USD
(d) 100 million USD
Answer: (a)
Related facts:

  • On 19th February, 2019, Union Cabinet gave its approval to the National Policy on Electronics 2019 (NPE 2019), proposed by the Ministry of Electronics and Information Technology (MeitY).
  • Target was to promote domestic manufacturing and export in the entire value-chain ofElectronics System Development and Maintenance (ESDM) for economic development to achieve a turnover of USD 400 billion by 2025.
  • This will include targeted production of 1.0 billion (100 crore) mobile handsets by 2025, valued at USD 190 billion (approximately INR 13, 00,000 crore), including 600 million (60 Crore) mobile handsets valued at USD 110 billion (approximately INR 7, 00,000 Crore) for export.
  • Earlier, the implementation of the Schemes/ Programmes under the aegis of the National Policy on Electronics 2012 (NPE 2012) has successfully consolidated the foundations for a competitive Indian ESDM (Electronics System Development and Maintenance) value chain.
  • Now, NPE 2019 proposes to build on that foundation to propel the growth of ESDM (Electronics System Development and Maintenance) industry in the country. The National Policy of Electronics 2019 (NPE 2019) replaces the National Policy of Electronics 2012 (NPE 2012).

Links:

http://pib.nic.in/PressReleaseIframePage.aspx?PRID=1565285