Union Cabinet Approves Semicon India Programme 2.0 with ₹1.27 Lakh Crore Outlay

The Union Cabinet, chaired by PM Narendra Modi, approved the second phase of the semiconductor development initiative, Semicon India Programme 2.0.
The upgraded program features a massive total budget allocation of ₹1,27,500 crore to establish a self-reliant domestic semiconductor design and manufacturing value chain.
The programmatic framework is structured across six strategic pillars, including chip design, machinery/materials, fabrication plants (fabs), ATMP/OSAT expansion, R&D, and talent cultivation.
This decision is highly significant for aspirants as it marks India's aggressive pursuit of global tech sovereignty, transitioning from a mere consumer to a hub of semiconductor manufacturing.

Key Facts / Static GK

Nodal Body: India Semiconductor Mission (ISM) under Ministry of Electronics and Information Technology (MeitY)
ISM Phase 1.0 Milestone: Approved 12 manufacturing units with a cumulative investment of over ₹1.64 Lakh Crore

Q Practice Quiz — 20 July 2026

1. From which location did Prime Minister Narendra Modi virtually inaugurate the 75 redeveloped railway stations under the Amrit Bharat Station Scheme (ABSS)?

A New Delhi

B Ahmedabad, Gujarat

C Jalandhar, Punjab

D Lucknow, Uttar Pradesh

E Mumbai, Maharashtra

Explanation: PM Narendra Modi virtually inaugurated 75 redeveloped railway stations from Jalandhar, Punjab, representing 20 States and Union Territories.

2. Which of the following statements is/are correct regarding the newly approved Semicon India Programme 2.0?

A It was approved with a total budget outlay of ₹1,50,000 crore.

B The programme is structured across five strategic pillars.

C The scheme aims to develop a complete semiconductor design and manufacturing ecosystem in India.

D It is administered by the Ministry of Science and Technology.

E Under ISM 1.0, only five manufacturing units were approved.

Explanation: The Union Cabinet approved Semicon India Programme 2.0 with a budget of ₹1,27,500 crore (not 1.5 lakh crore) to build a semiconductor design and manufacturing ecosystem across six pillars (not five). It is under the Ministry of Electronics & IT.

3. What is the target size of India's bioeconomy by the year 2047, as projected in the roadmap released by NITI Aayog?

A US$ 500 Billion

B US$ 691 Billion

C US$ 1.5 Trillion

D US$ 2.6 Trillion

E US$ 3.0 Trillion

Explanation: The report projects the bioeconomy to reach US$ 691 billion by 2035 and US$ 2.6 trillion by 2047.

4. What has been established as the base year for India's newly introduced Trial Index of Services Production (ISP)?

A 2011-12

B 2015-16

C 2018-19

D 2020-21

E 2024-25

Explanation: The base year designated for the newly launched Trial Index of Services Production (ISP) by MOSPI is 2024-25.

5. R. Vairamuthu, who was recently conferred the 60th Jnanpith Award for 2025, is the ________ Tamil literary personality to receive this honor.

A First

B Second

C Third

D Fourth

E Fifth

Explanation: R. Vairamuthu is the third Tamil literary personality to win the Jnanpith Award, after Akilan and Jayakanthan.

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