Tuesday, 31 March, 2026
MeitY Receives 52% Budget Increase to Boost Chip Manufacturing, AI, and PLI Scheme
By Isha
The Ministry of Electronics and Information Technology (MeitY) has received a 52% increase in its budget allocation, totaling ₹21,936 crore. The additional funds will be directed towards promoting semiconductor manufacturing, artificial intelligence initiatives, and the Production Linked Incentive (PLI) scheme. This substantial boost underscores the government's commitment to advancing India's technological capabilities and strengthening its position in the global tech landscape.
Read full story at Economic Times