Daily CA | Current Affairs of 31st January for JKSSB, JKPSC, UPSC Exams Click on Link Below To download
DLI Scheme:
- Under the DLI Scheme, financial incentives and design infrastructure support will be extended to domestic companies, startups and MSMEs across various stages of development and deployment of semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design for over a period of 5 years.
- The scheme is part of a package that the government announced recently with the aim of nurturing at least 20 domestic companies involved in semiconductor design and facilitating them to achieve turnover of more than ₹1500 Crore in the next 5 years.
- C-DAC (Centre for Development of Advanced Computing), a scientific society operating under MeitY, will serve as the nodal agency for implementation of the DLI scheme.
- The scheme has three components – Chip Design infrastructure support, Product Design Linked Incentive and Deployment Linked Incentive.
Incentives under the scheme:
- Under the Chip Design infrastructure support, C-DAC will setup the India Chip Centre to host the state-of-the-art design infrastructure and facilitate its access to supported companies.
- Under the Product Design Linked Incentive component, there are provisions for fiscal support of up to 50% of the total cost to eligible participants who are engaged in semiconductor design in India as well as the offer of fiscal support of 30% of the capital expenditure to participants building compound semiconductors, silicon photonics and sensors fabrication plants in India.
- Under the Deployment Linked Incentive component, there are provisions for incentives of 4% to 6% on net sales for five years to companies of semiconductor design for integrated circuits, chipsets, system on chips, systems and IP cores.
For more information on the provisions of the scheme refer to the following article:
PIB Summary for UPSC of 16 Jan 2022
Initiatives being taken in other countries:
- The U.S aims to reduce the country’s reliance on a small number of chipmakers based largely in Taiwan and South Korea. As part of its