National Policy on Electronics, 2019
Posted on : 27 Dec 2019Views: 246
- The implementation of the Schemes/ Programmes under the aegis of the National Policy on Electronics, 2012 has successfully consolidated the foundations for a competitive Indian ESDM (Electronics System Design and Manufacturing) value chain.
- To build on this foundation, the Union cabinet approved the National Policy on Electronics, 2019; proposed by the Ministry of Electronics and Information Technology (MeitY).
- NPE, 2019 will replace NPE, 2012 and envisions positioning India as a global hub for Electronics System Design and Manufacturing - (ESDM) by encouraging and driving capabilities in the country for developing core components, including chipsets, and creating an enabling environment for the industry to compete globally.
- Salient features of the policy are:
- Create eco-system for globally competitive ESDM sector: Promoting domestic manufacturing and export in the entire value-chain of ESDM.
- Provide incentives and support for the manufacturing of core electronic components.
- Provide a special package of incentives for mega projects which are extremely high-tech and entail huge investments, such as semiconductor facilities display fabrication, etc.
- Formulate suitable schemes and incentive mechanisms to encourage new units and expansion of existing units.
- Promote Industry-led R&D and innovation in all sub-sectors of electronics, including grass root level innovations and early-stage Start-ups in emerging technology areas such as 5G, loT/ Sensors, Artificial Intelligence (Al), Machine Learning, Virtual Reality (VR), Drones, Robotics, Additive Manufacturing, Photonics, Nano-based devices, etc.
- Provide incentives and support for significantly enhancing availability of skilled manpower, including re-skilling.
- Special thrust on Fabless Chip Design Industry, Medical Electronic Devices Industry, Automotive Electronics Industry and Power Electronics for Mobility and Strategic Electronics Industry.
- Create a Sovereign Patent Fund (SPF) to promote the development and acquisition of IPs in ESDM sector.
- Promote trusted electronics value chain initiatives to improve national cyber security profile.
Article Related Questions
The Union Cabinet recently gave its approval to the National Policy on Electronics (NPE). In this context, consider the following statements
1.It is the first of its kind policy to focus on the Electronics System Design and Manufacturing (ESDM) sector.
2.It calls for the creation of a Sovereign Patent Fund for acquiring Intellectual Properties (IPs) in ESDM sector.
3.A Modified Special Incentive Package Scheme (M-SIPS) has been provided to promote R&D in emerging technologies.
Which of the above statements is/are correct?
1.1 and 2 only
3.2 and 3 only
Right Ans : 2 only