Union Cabinet approves financial assistance to EMC 2.0 scheme

The Union Cabinet chaired by the Prime Minister of India has recently approved financial assistance to the Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme.

The scheme aims at developing world class infrastructure along with common facilities and amenities through Electronics Manufacturing Clusters (EMCs). The scheme seeks to set up Electronics Manufacturing Clusters (EMCs) and Common Facility Centers (CFCs). The total outlay of the EMC 2.0 Scheme is Rs. 3,762.25 crore.