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GS Paper 3 Syllabus: Changes in Industrial Policy and Their Effects on Industrial Growth Source: TH Context: As part of the 2nd phase of the design-linked incentive (DLI) scheme for the domestic semiconductor industry, the Indian government is considering a proposal to pick an equity stake in domestic chip design-making companies. What is …
Introduction: Semiconductors are essential to almost all sectors of the economy including aerospace, automobiles, communications, clean energy, information technology and medical devices etc. Demand for these critical components has outstripped supply, creating a global chip shortage and resulting in lost growth and jobs in the economy. The shortage has exposed vulnerabilities in the semiconductor supply …
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GS Paper 3: Topics Covered: Developments in Science and Technology. Context: Russia and Ukraine are important centres of the global semiconductor supply chain, providing rare metals like palladium, and gases like neon, that are needed in the production of the silicon wafers present in almost all modern devices and equipment. Amid the ongoing Russia-Ukraine …
Continue reading “Russia-Ukraine crisis may worsen global chip shortage:”
GS Paper 3: Topics Covered: Science and technology. Context: The Economic Survey for 2021-22 has said that Shortage of semiconductors led to closure or lowering of production by several firms from diverse industries. What has the government done to address the shortage? The government has earmarked Rs 76,000 crore for semiconductors and display …
GS Paper 3: Topics Covered: Science and technology. Context: Experts have warned that Shortage of semiconductor chips would continue following the rapid spread of Omicron variant of COVID-19 across the world but the supply disruptions would not worsen in 2022 as the Omicron surge should have a milder impact on chip supply chain. …
GS Paper 3: Topic Covered: Science and Technology- developments and their applications and effects in everyday life. Achievements of Indians in science & technology; indigenization of technology and developing new technology. Context: There are no signs of the global chip shortage easing any time soon, and one of the reasons behind it appears to …
Continue reading “Why is the world short of computer chips, and why does it matters?”
Topic: Science and Technology- developments and their applications and effects in everyday life. 4. India Semiconductor Mission is a welcome acknowledgment of the strategic significance of integrated circuits to a modern economy. Discuss. (250 words) Difficulty level: Moderate Reference: Live Mint Why the question: The Union Cabinet on Wednesday approved a ₹76,000 crore scheme to …
GS Paper 3: Topic Covered: Science and Technology- developments and their applications and effects in everyday life. Achievements of Indians in science & technology; indigenization of technology and developing new technology. Context: Government approved a ₹76,000 crore scheme to boost semiconductor and display manufacturing in the country, taking the total amount of incentives announced for the …
