GOVERNMENT / POLITY
Cabinet Approvals
Cabinet Clears Two New Semiconductor Units Under India Semiconductor Mission
The Union Cabinet has sanctioned two major semiconductor plants with a combined investment of ₹3,936 crore to boost the domestic electronics ecosystem.
Crystal Matrix Ltd will establish a Gallium Nitride (GaN) based fabrication facility in Dholera, focusing on advanced display modules.
Suchi Semicon Pvt Ltd is set to build an Outsourced Semiconductor Assembly and Test (OSAT) unit in Surat with a massive capacity of 1 billion chips annually.
Impact: These projects bring the total number of approved ISM projects to 12, representing a cumulative investment of approximately ₹1.64 lakh crore.
Crystal Matrix Ltd will establish a Gallium Nitride (GaN) based fabrication facility in Dholera, focusing on advanced display modules.
Suchi Semicon Pvt Ltd is set to build an Outsourced Semiconductor Assembly and Test (OSAT) unit in Surat with a massive capacity of 1 billion chips annually.
Impact: These projects bring the total number of approved ISM projects to 12, representing a cumulative investment of approximately ₹1.64 lakh crore.
Key Facts / Static GK
ISM: India Semiconductor Mission
Execution Agency: Digital India Corporation
Nodal Ministry: Ministry of Electronics and Information Technology (MeitY)
ISM Launch: December 2021
Total ISM Outlay: ₹76,000 crore
Execution Agency: Digital India Corporation
Nodal Ministry: Ministry of Electronics and Information Technology (MeitY)
ISM Launch: December 2021
Total ISM Outlay: ₹76,000 crore
Practice Quiz — 11 May 2026
Q1. Regarding the Jan Suraksha schemes, which of the following statements is/are correct as of May 2026?
Answer: (B) The Pradhan Mantri Suraksha Bima Yojana (PMSBY) has recorded the highest enrolments among the three. — Statement B is correct as PMSBY has 58.09 crore enrolments. Statement A is incorrect (launched in 2015). Statement C is incorrect (APY entry age is 18-40). Statement D is incorrect (PMJJBY coverage is ₹2 lakh).
Q2. Where will the new GaN-based semiconductor fabrication facility by Crystal Matrix Ltd be located?
Answer: (C) Dholera, Gujarat — Crystal Matrix Ltd will set up its GaN (Gallium Nitride) based semiconductor fabrication facility in Dholera, Gujarat.
Q3. What is the new Fair and Remunerative Price (FRP) for sugarcane approved for the 2026-27 season?
Answer: (D) ₹365 per quintal — The CCEA has approved a new FRP of ₹365 per quintal for the 2026-27 season, up from ₹355.
Q4. Which of the following represents the '5F' vision under the newly launched Mission for Cotton Productivity?
Answer: (A) Farm, Fibre, Factory, Fashion, Foreign — The 5F vision stands for Farm → Fibre → Factory → Fashion → Foreign.
Q5. What is the maximum credit guarantee percentage provided to MSMEs under the ECLGS 5.0 scheme?
Answer: (E) 100% — Under ECLGS 5.0, MSMEs are eligible for a 100% credit guarantee, while non-MSMEs and airlines receive a 90% guarantee.
Keep Learning with PrepZen
Get daily current affairs, live mock tests, mistake bank, vocab builder & more — all free on your phone.