Which of the following statements about the India Semiconductor Mission (ISM) are correct?

ISM serves as the nodal agency for schemes under the Semicon India Programme.

The ISM was launched in 2021 by the Ministry of Electronics and IT (MeitY), Government of India.

Provides financial support to educational institutions researching semiconductors, display manufacturing, and the design ecosystem.

Select the correct option:

Question

Launched in 2021 with a total financial outlay of Rs. 76,000 crore under the Ministry of Electronics and IT (MeitY), Government of India, the India Semiconductor Mission (ISM) is part of a broader initiative to develop a sustainable semiconductor and display ecosystem in the country.
It aims to provide financial support to companies investing in semiconductor manufacturing, display production, and the design ecosystem.
Additionally, the programme promotes the generation of indigenous Intellectual Property (IP) and incentivizes the transfer of technologies (ToT).
The India Semiconductor Mission (ISM) acts as the nodal agency for schemes under the Semicon India Programme.

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Launched in 2021 with a total financial outlay of Rs. 76,000 crore under the Ministry of Electronics and IT (MeitY), Government of India, the India Semiconductor Mission (ISM) is part of a broader initiative to develop a sustainable semiconductor and display ecosystem in the country.
It aims to provide financial support to companies investing in semiconductor manufacturing, display production, and the design ecosystem.
Additionally, the programme promotes the generation of indigenous Intellectual Property (IP) and incentivizes the transfer of technologies (ToT).
The India Semiconductor Mission (ISM) acts as the nodal agency for schemes under the Semicon India Programme.

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