CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Ministry of Electronics and Information Technology has released a 5-year roadmap and Vision Document 2.0 to achieve US$300 billion Sustainable Electronics Manufacturing & Exports by which year?
A
2024
B
2026
C
2035
D
2030
Explanation: 

Detailed explanation-1: -The domestic market is expected to increase from US $65 billion to US $180 billion over the next 5 years. This will make electronics amongst India’s 2-3 top ranking exports by 2026. Of the US $300 billion, exports are expected to increase from the projected US $15 billion in 2021-22 to US $120 billion by 2026.

Detailed explanation-2: -Electronics manufacturing in India. Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Monday (29 August) said that the Prime Minister Narendra Modi-led Central government has clearly laid out a goal of $300 billion electronic products with exports of $120 billion dollar by 2026.

Detailed explanation-3: -“Our vision is to edge past the target of $300 bn worth of electronic manufacturing and exports by 2025-26.It translates to Rs 25 lakh crores, 24 times more than what it was when PM Modi took over in 2014 - 1.10 lakh crores,” he said.

Detailed explanation-4: -Detailed Solution. The correct answer is 5. Ministry of Electronics and Information Technology has released a five-year roadmap and vision document for the electronics sector.

There is 1 question to complete.