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Along with giving a big gift to the farmers, the central government has also taken a big decision for the IT sector. 4 important announcements were made today in the Union Cabinet meeting, in which the Central Government has allocated Rs. 1.08 lakh crore has been sanctioned for fertilizer subsidy. In addition, the government has allocated Rs. Also approved PLI 2.0 for IT hardware with a total budgetary outlay of Rs 17,000 crore. The Cabinet meeting also discussed the success of electronics manufacturing in India.
Government will not increase the price of fertilizer
Briefing the cabinet about the decision, Union Health Minister Mansukh Mandaviya said that 325 to 350 lakh metric tonnes of urea, 100 to 125 lakh metric tonnes of DAP and NPK and 50-60 lakh metric tonnes of MOP are used. the country The central government has increased the subsidy to ensure that farmers get fertilizer on time, so the MRP will also not increase. Government of India has decided not to increase the price of fertilizer for Kharif crops. Government of India will spend 1 lakh 8 thousand crore rupees in subsidy for Kharif season crops.
PLI 2.0 Approval for IT Hardware Planning
Apart from this, the central government has also approved the second phase of Production Linked Incentive (PLI) for IT hardware with a total budgetary outlay of Rs 17,000 crore. This IT Hardware PLI Scheme-2 includes Laptops, Tablets, All-in-one Personal Computers (All in One PC), Servers etc. Union IT and Telecom Minister Ashwani Vaishnav said after the Cabinet meeting that the Cabinet has approved the PLI scheme for IT hardware for a period of 6 years with a budgetary outlay of Rs 17,000 crore. It is worth mentioning that the government in February-2021 Rs. Approved the first PLI scheme for IT hardware, including laptops, tablets, fully equipped personal computers and servers, with an outlay of Rs 7,350 crore.
India exports record mobile phones worth more than 11 billion dollars
Ashwini Vaishnav also spoke about the success of electronics manufacturing in India. He said that in FY 2023, India has produced goods worth $100 billion and the country has also exported mobile phones worth over $11 billion. He said that 42 companies in the telecom manufacturing sector in the first year made Rs. 900 crore was to be invested, but instead Rs. 1600 crores have been invested.
