Status update: Implementation of MeitY's Policies
Electronics Bazaar|December 2016

From the modification of the special incentive package to the procurement of locally manufactured electronics products, MeitY is working hard to bring out updated policies and schemes to promote electronics manufacturing in India

Status update: Implementation of MeitY's Policies

Modified Special Incentive Package Scheme (MSIPS):

MeitY’s flagship scheme, the MSIPS, was announced by the government of India in July 2012 to offset the disabilities inherent to ‘making in India’ and hence attract investments in electronics manufacturing. (Table 1)

The MSIPS scheme is open to receiving applications till July 2020. For further details, visit: http://meity.gov.in/esdm/incentive-schemes or contact Vandana Srivastava, director, at vandana. srivastava@nic.in

The Electronics Manufacturing Cluster (EMC) Scheme:

Under the EMC scheme, 12 greenfield EMCs and one Common Facility Centre (CFC) in a brownfield EMC have been accorded final approval, while 13 greenfield EMCs and three CFCs in a brownfield EMC have got ‘in principle’ approval. (Table 2)

For further details, visit: http:// meity.gov.in/esdm/itir or contact Sanjay Kaul, sanjay.koul@nic.in

Electronics Development Fund (EDF):

This story is from the December 2016 edition of Electronics Bazaar.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the December 2016 edition of Electronics Bazaar.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.