The Union Government is targeting an investment of about uline{1cm} crore in start-ups working on new technologies in the electronic sector under the Electronics Development Fund (EDF) by 2019.

2017

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Union Government is targeting an investment of about _________ crore in start-ups working on new technologies in the electronic sector under the Electronics Development Fund (EDF) by 2019.

A	Rs. 1, 000
B	Rs. 2, 200
C	Rs. 3, 900
D	Rs. 700

Explanation:

Detailed explanation-1: -Electronics Development Fund (EDF) policy | Ministry of Electronics and Information Technology, Government of India.

Detailed explanation-2: -The PLI Scheme extends an incentive of 4% to 2% / 1% on net incremental sales (over base year i.e., FY 2019-20) of goods under target segments that are manufactured in India to eligible companies, for a period of four years (FY 2021-22 to FY 2024-25).

Detailed explanation-3: -Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing offers a production linked incentive to boost domestic manufacturing and attract large investments in mobile phone manufacturing and specified electronic components, including Assembly, Testing, Marking and Packaging (ATMP) units.

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