Kalaburagi (Karnataka), Feb 20 (IANS) Union Minister for Food, Public Distribution and Consumer Affairs Pralhad Joshi has strongly expressed displeasure over what he described as a “campaign of lies” by the Opposition regarding the ‘Free Trade Agreement’ and the trade deal with the United States. Speaking at a special lecture on the “Union Budget 2026” organised by the Kalyana Karnataka Chamber of Commerce and Industry in Kalaburagi, Joshi said the government led by Prime Minister Narend…
Latest India Semiconductor Mission News & Updates
New Delhi, Feb 20 (IANS) The growing technological ties between India and Japan in the electronics hardware sector have emerged as a new factor in cementing the strong economic and strategic relations between the world’s largest democracy and Asia’s tech giant. As semiconductors, generative Artificial Intelligence (AI), and digital public infrastructure (DPI) redefine the nature of global influence, this burgeoning “tech alliance” stands as the most vital strategic partnership in the reg…
New Delhi, Feb 6 (IANS) The Union Budget 2026–27 emphasises policy continuity, fiscal prudence, and investment-led growth.India’s macroeconomic fundamentals remain strong, with growth indicators robust and fiscal targets achieved with relative ease.As noted in the Economic Survey 2025–26, GDP growth for 2025–26 is estimated at 7.4 per cent, while growth for 2026–27 is projected at 6.8 to 7.2 per cent.Against this backdrop, the Budget seeks to sustain the current growth momentum while str…
Jaipur, Feb 4 (IANS) In a major push towards high-tech industrial growth and strategic self-reliance, the Rajasthan government has announced the Rajasthan Semiconductor Policy aimed at positioning the state as a leading hub for semiconductor manufacturing and allied sectors. With semiconductors emerging as the backbone of modern digital and automated technologies, the new policy seeks to strengthen Rajasthan’s role in India’s semiconductor ecosystem while supporting national goals of economi…
Gandhinagar, Feb 1 (IANS) The Confederation of Indian Industry (CII) Gujarat on Sunday said the Union Budget 2026 provides a strong and positive framework for accelerating economic growth, strengthening manufacturing competitiveness and improving ease of living. Following a live budget viewing session held in Gandhinagar, CII Gujarat stated that the budget balances immediate economic stimulus with long-term capacity building, guided by the central theme of ‘Sankalp’ and the three stated prio…
New Delhi, Feb 1 (IANS) Industry on Sunday hailed the Union Budget 2026–27 for adopting a steady and largely inclusive approach, reinforcing India’s manufacturing and technology ecosystem through policy continuity, scale, and targeted reforms.The sustained focus on electronics manufacturing, the launch of India Semiconductor Mission (ISM) 2.0, and the significant expansion of the Electronics Component Manufacturing Scheme (ECMS) reaffirm the government’s long-term commitment to building re…
Jammu, Feb 1 (IANS) Jammu and Kashmir Lt Governor Manoj Sinha on Sunday hailed the Union Budget 2026-27, saying that it charts a path to a $5 trillion economy milestone within a few years, and added that the budget also takes the initiative to generate fresh employment opportunities and invigorate the tourism industry with renewed vigour.L-G Manoj Sinha hailed the Budget 2026-27 as pragmatic, which he said will prioritise economic acceleration, create future-ready infrastructure, sustain growth …
Guwahati, Feb 1 (IANS) The Federation of Industry and Commerce of the North Eastern Region (FINER) on Sunday expressed satisfaction with the Union Budget 2026-27, terming it a well-balanced and growth-oriented budget that addresses the needs of industry while maintaining fiscal discipline.The FINER, the key industrial body of the Northeast region, welcomed the government’s emphasis on reform over rhetoric and said the fiscal consolidation glide path has been maintained as targeted.It particula…
New Delhi, Feb 1 (IANS) The Confederation of Indian Industry (CII) on Sunday said the Union Budget 2026-27, with its next‑generation reforms, builds confidence, and its thrust on public capital expenditure will enhance private investment.CII welcomed the continued focus on fiscal prudence, noting that the fiscal deficit target of 4.3 per cent of GDP for FY27 reinforces confidence in India’s macroeconomic management.”There is broad recognition on fiscal discipline, including adherence to the …
New Delhi, Feb 1 (IANS) Giving a thrust to ‘Make in India’ and domestic manufacturing, Finance Minister Nirmala Sitharaman on Sunday announced the launch of the India Semiconductor Mission (ISM) 2.0, while increasing the outlay for electronics component manufacturing to Rs 40,000 crore to strengthen local production and innovation.India’s Semiconductor Mission 1.0 expanded the country’s semiconductor capabilities, and building on this, the government will launch ISM 2.0 to produce equipm…