The Ministry of Electronics and Information Technology approved 31 proposals under the Electronics Components Manufacturing Scheme, boosting self-reliance and economic growth. The scheme has already led to the commencement of manufacturing in 38 plants and is expected to generate 74,628 direct jobs and 2.5 lakh indirect employment. The latest approvals include first-ever domestic manufacturing of critical components and essential raw materials.
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How many plants have already commenced manufacturing under the Electronics Components Manufacturing Scheme (ECMS)?
38 plants have already commenced manufacturing under ECMS, a significant milestone in the country's electronics manufacturing sector.
Consider the following two statements: Statement-I: The ECMS scheme has approved 106 projects with a projected investment of Rs 6,844 crore. Statement-II: The 106 approved projects under ECMS are expected to generate 74,628 direct jobs and 2.5 lakh indirect employment. Which one of the following is correct in respect of the above statements?
Statement 1 is correct because the fact list states that the ECMS scheme has approved 106 projects with a total projected investment of Rs 6,844 crore. Statement 2 is a correct causal explanation of why Statement 1 is true because the fact list states that the 106 approved projects are expected to generate 74,628 direct jobs and 2.5 lakh indirect employment, which implies that the scheme has approved 106 projects.