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Finance Ministry clears Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0

Expenditure Finance Committee clears ₹1.25 lakh crore outlay for India Semiconductor Mission 2.0; proposal awaits Union Cabinet approval.

Sentinel Digital Desk

NEW DELHI: The Finance Ministry's Expenditure Finance Committee (EFC) has approved an outlay of Rs 1.25 lakh crore for the India Semiconductor Mission (ISM) 2.0, paving the way for the next phase of the country's semiconductor manufacturing push, according to a report in NDTV Profit.

The proposal was cleared by the committee last week and will now be sent to the Union Cabinet for final approval. (IANS)

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