Q5 · UPPSC current affairs · 17 September 2026 · News · India Semiconductor Mission Phase 2

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Consider the following statements regarding the India Semiconductor Mission (ISM):1.The India Semiconductor Mission is implemented by the Ministry of Electronics and Information Technology (MeitY).2.Fiscal support under the mission covers up to 80% of the project cost on a pari-passu basis.Which of the statements given above is/are correct?

A 1 only
B 2 only
C Both 1 and 2
D Neither 1 nor 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct because the India Semiconductor Mission is implemented by MeitY. Statement 2 is incorrect because the fiscal support covers up to 50% of the project cost, not 80%.

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