development of R & D etc . for both hardware and related |
d . |
To promote development of e-waste recycling |
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software to meet the demand of telecom equipment |
industry for domestically produced e-waste . |
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and mobile handset devices . |
e . |
To create a specific thrust within Electronic |
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8.9 |
Railways : To create an eco-system for manufacture of |
Development Fund for the development of IPR and |
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Railway related electronics for application in Signaling , |
electronics products in green technologies . |
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Telecommunications and rolling stock . To set up three |
10 . Governance Structures |
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centre of excellence one each for Railway Signaling
System , Railway Telecom and Rolling Stock Electronics .
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10.1 |
To set up a National Electronics Mission with industry participation to evolve programmes in pursuit of the |
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8.10 |
Games and Toys : To encourage electronic games and |
laid down policies and also to create Institutional |
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toys development and manufacturing for tapping the |
mechanisms to advance the implementation of various |
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domestic and export markets . |
programmes aimed at achieving the objectives |
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9 . Handling e-waste |
enumerated in this policy and to promote India as an |
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9.1 |
To facilitate environment friendly e-waste handling |
Electronics Hardware Manufacturing Hub and suitably |
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policies |
market " Brand India " in Electronics . |
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a . |
To create a mechanism with industry to streamline |
10.2 |
The Department of Information Technology to be |
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the implementation of e-waste ( Management and |
renamed as Department of Electronics and Information |
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Handling ) Rules , 2011 including restrictions on |
Technology ( Deity ). |
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usage of hazardous substances as per global best- |
10.3 |
States would be encouraged to actively promote the |
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practices . |
development of ESDM sector . |
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b . |
To help streamline procedures to prevent e-waste |
11 . Funding |
|
dumping in the country . |
11.1 |
Funds would also be mobilized from the private |
|
c . |
To facilitate implementation of Extended Producers |
sector / banks / financial institutions and other private |
|
Responsibility under the e-waste ( Management and |
equity organizations for leveraging the contribution of |
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Handling ) Rules , 2011 for electronic hardware |
the Government to the Electronic Development Fund . |
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manufacturers as well as recyclers . |
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To offset disability and attract investments in Electronic |
investments made in a project within a period of 10 years |
manufacturing , Modified Special Incentive Package Scheme |
from the date of application |
( M-SIPS ) was notified on 27.7.2012 . |
The M-SIPS require applicants to submit applications with |
The scheme is available for both new projects and expansion |
Financial Closure ( tied up funds ) for the project they propose to |
projects . The scheme provides capital subsidy of 20 % in SEZ |
execute . The Financial Closure for a project , however , can be |
( 25 % in non-SEZ ) for units engaged in electronics |
given in phases . |
manufacturing . It also provides for reimbursements of CVD / |
As per para 6.1 of M-SIPS notification , to consider the |
excise for capital equipment for the non-SEZ units . For some |
applications under the scheme and to submit it ’ s |
of the high capital investment projects like fabs , it provides for |
recommendations , an Appraisal Committee headed by |
reimbursement of Central Taxes and Duties . The incentives are |
Additional Secretary , DeitY have been constituted . |
|
provided on reimbursement basis . The incentives were available for 29 electronic verticals . Units all across the manufacturing value chain are covered under the scheme . For each of the product category , an investment threshold is prescribed which an applicant has to incur for getting eligible for incentives . The investment threshold varies from Rs 1 Crore to Rs 5000 Crores depending upon a type of project . The incentives are available for 10 years from the date of approval .
The scheme was initially opened for 3 years till 26-07-2015 .
The scheme was amended on August 3 , 2015 . The salient amendments include
|
The non- refundable application fee which is required to be submitted along with the application form has been separately notified . It varies from Rs 10,000 / - for projects costing less than 10 crores to Rs 1,00,000 / - for projects costing 10,000 crores and above .
M-SIPS scheme is presently open to receive applications . All
Initial applications which will be received by DeitY on or before
26-07-2020 will be considered for incentives under M-SIPS .
The Nodal Officer is the key contact for all communications relating to M-SIPS . Nodal Officer ( M-SIPS ) has been appointed .
|
|
( I ) The term of the scheme has been extended upto 27-07-
2020 .
|
All applications under M-SIPS are required to be submitted online at www . msips . in . Any further communication with |
( ii ) The scope of the scheme has been extended to cover |
regard to the application can be addressed to Nodal Officer |
additional verticals . |
( M-SIPS ), Department of Electronics and IT , Electronics |
( iii ) The procedure for grant of approval has been simplified |
Niketan , Lodhi Road , New Delhi-110003 . |
and streamlined . The incentives are now available for | |