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Difficulty: Very hardExplicit and Fact-Based Information Extraction

Read the following passage carefully:

"In May 2026, the Ministry of Electronics and Information Technology (MeitY) released the revised operational framework for the Semiconductor Infrastructure and Innovation Scheme (SIIS). Under the revised norms, fiscal support of up to 50% of the total project cost is extended to compound semiconductor fabrication facilities, provided their capital expenditure exceeds ₹500 crore and operations commence before December 2028. However, for specialized micro-electromechanical systems (MEMS) units, fiscal assistance is capped at 40%, regardless of project investment scale, provided they partner with accredited public research institutes. Additionally, while assembly, testing, marking, and packaging (ATMP) units are eligible for a 30% capital subsidy, this subsidy is conditionally restricted to facilities that procure at least 60% of their raw materials domestically. Out of the overall ₹10,000 crore scheme outlay, a dedicated 15% sub-allocation is reserved exclusively for indigenous design-linked incentive (DLI) startups, provided their majority ownership remains with Indian citizens throughout the 5-year tenure of the grant."

Based on the passage provided above, which of the following statements is explicitly correct regarding the conditions and financial terms of the Semiconductor Infrastructure and Innovation Scheme (SIIS)?

  1. A
    Compound semiconductor fabrication facilities with a capital expenditure of ₹450 crore qualify for 50% fiscal support if operations commence before December 2028.
  2. Specialized micro-electromechanical systems (MEMS) units receive up to 40% fiscal assistance regardless of investment scale, provided they partner with accredited public research institutes.Answer
  3. C
    Assembly, testing, marking, and packaging (ATMP) facilities are eligible for a 30% capital subsidy irrespective of the proportion of raw materials sourced domestically.
  4. D
    Indigenous design-linked incentive (DLI) startups can retain their dedicated 15% sub-allocation even if majority ownership transitions to foreign entities during the grant period.

Answer

Specialized micro-electromechanical systems (MEMS) units receive up to 40% fiscal assistance regardless of investment scale, provided they partner with accredited public research institutes.
The passage explicitly specifies that specialized MEMS units receive fiscal assistance capped at 40% regardless of investment scale, subject to the condition of partnering with accredited public research institutes.

Step-by-Step Solution

1
Analyze the statement regarding compound semiconductor fabrication facilities.
The passage mandates a capital expenditure exceeding ₹500 crore. Thus, an expenditure of ₹450 crore fails the explicit condition.
Verify exact threshold constraints explicitly stated in the text.
2
Examine the statement regarding specialized MEMS units.
The passage explicitly states: 'for specialized micro-electromechanical systems (MEMS) units, fiscal assistance is capped at 40%, regardless of project investment scale, provided they partner with accredited public research institutes.'
Match the factual details and conditional qualifications directly against the passage.
3
Check the conditions for ATMP units and DLI startups.
ATMP units require at least 60% domestic raw material procurement, and DLI startups must maintain majority Indian ownership throughout the 5-year grant tenure.
Identify explicit qualifiers and negations that invalidate the remaining options.

Key Concept

Explicit and Fact-Based Information Extraction
Estimated Time:2m 0s
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Explicit and Fact-Based Information Extraction

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