New Delhi, July 15 -- The Union Cabinet on Wednesday cleared Rs.1.27 lakh crore for the second edition of India Semiconductor Mission, Union IT Minister Ashwini Vaishnaw informed.

"Cabinet has approved ISM 2.0 with a total outlay of Rs.1.27 lakh crore," Vaishnaw said.

The new edition of the semiconductor programme includes provisions to incentivise suppliers of raw materials in the chip manufacturing industry, including minerals and gases.

Published by HT Digital Content Services with permission from MINT....