Government pushes for zero electronics imports by 2020

In a bid to eliminate imports of electronic items by 2020 and boost domestic manufacturing, the Union Cabinet on Wednesday approved amendments in the Modified Special Incentive Package Scheme (M-SIPS).Besides to attract big ticket investments of around $1 billion in the sector, the Cabinet approved setting up of a committee, which will be headed by the Cabinet secretary P K Sinha and will include NITI Aayog CEO Amitabh Kant, expenditure secretary Ashok Lavasa and ministry of electronics and information technology (MeitY) secretary, Aruna Sundararajan, for such mega projects,