Current Affairs · Union Budget 2026-27
With reference to the manufacturing strategy in Union Budget 2026–27, consider the following statements: I. India Semiconductor Mission 2.0 focuses only on chip fabrication capacity. II. Rare Earth Corridors are proposed to reduce strategic dependence on imports. III. Domestic value addition in electronics manufacturing currently exceeds 40%. Which of the statements given above are correct?
- 1I, II and III
- 2II and III only
- 3II only✓
- 4I and II only
Correct answer
II only
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