India to give firms 50% financial aid to set up semiconductor manufacturing facility in country: PM
Gandhinagar (PTI): Technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facility the country, Prime Minister Narendra Modi said on Friday, as he announced that his government has rolled out the red carpet for semiconductor industries.
Speaking after inaugurating Semicon India 2023 conference in Gandhinagar, Modi said India is establishing an entire ecosystem for the semiconductor industry to grow in the country.
“We were offering incentives as part of the Semicon India programme. It has been increased, and now technology firms will get 50 per cent financial assistance to set up semiconductor manufacturing facilities in India,” Modi said.
The semiconductor industry will witness exponential growth in India, Modi said.
“A year ago, people used to ask why should they invest in the Indian semiconductor sector. Now they ask why not invest in India,” he added.
India is becoming a grand conductor for investments in the semiconductor sector, Modi said.
The world needs a trusted and reliable chip supply chain, he said.
Modi said 300 colleges in India have been identified for starting courses on semiconductor design.
Every industrial revolution that the world witnessed was driven by aspirations of people at different times, Modi said, adding he believes the fourth industrial revolution being witnessed now is driven by India’s aspirations.
The 'Semicon India 2023' highlights investment opportunities in India's semiconductor sector.
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UP: Over 60 people fall sick after eating prasad at religious ceremony
Kannauj (UP) (PTI): Sixty-two people fell sick allegedly after earing 'prasad' during a religious ceremony being held here at a private residence, officials said on Saturday.
The 'prasad' consisting of 'panchamrit' and 'panjiri' was distributed on Friday night during a 'Satyanarayan Katha' organised at the residence of Munna Lal Kashyap in Simuapur village, Kannauj.
After eating the 'prasad', several people's health began to deteriorate during the night. Initially, they were taken to private practitioners but eventually all of them were shifted to the district hospital, they said.
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Dr Akanksha at the district hospital said that 62 patients had arrived by 10.30 pm. Among them, 14 patients whose condition was critical were referred to the Medical College in Tirwa (in Kannauj district).
The remaining patients are currently undergoing treatment involving IV drips and medications. The condition of most patients is reported to be stable, officials said.
Upon receiving information about the incident, District Magistrate Ashutosh Mohan Agnihotri, Chief Medical Officer (CMO) Dr Swadesh Gupta, and Additional Superintendent of Police Ajay Kumar arrived at the district hospital.
The officials inquired about the patients' health and issued directives for their proper medical care.
