Economics · Economy

Consider the following statements regarding the Design Linked Incentive (DLI) Scheme and India’s semiconductor ecosystem: I. Semiconductor chip design is the most value-intensive segment of the semiconductor value chain, contributing a large share of value addition and global semiconductor revenues. II. The Design Linked Incentive (DLI) Scheme is implemented by the Ministry of Electronics and Information Technology (MeitY) under the Semicon India Programme to promote indigenous fabless chip design. III. The DLI Scheme provides financial incentives for semiconductor product design as well as deployment of designed chips in electronic products. IV. Developing strong fabless semiconductor capabilities enables India to retain intellectual property, reduce import dependence, and strengthen supply-chain resilience even if fabrication is partly offshore. How many of the above statements are correct?