Based on the passage provided below, evaluate whether the following statement is True or False.
Passage:
In April 2025, the Ministry of Electronics and Information Technology (MeitY) notified the National Semiconductor Component Testing and Standardization Framework (NSCTSF). Under NSCTSF, indigenous Fabless semiconductor design entities registered with MeitY prior to January 2024 are eligible for a 60% reimbursement on third-party reliability testing expenditure, capped at ₹1.5 crore per entity per financial year. However, this reimbursement is strictly contingent upon the testing being performed at accredited domestic facilities; testing at overseas labs is completely excluded from financial assistance, even if no equivalent domestic testing facility exists. Furthermore, entities currently receiving capital subsidies under the Design Linked Incentive (DLI) scheme are explicitly prohibited from claiming NSCTSF grants during the same fiscal year.
Statement:
An indigenous Fabless semiconductor entity registered with MeitY in March 2024 is eligible to claim a 60% reimbursement under NSCTSF for reliability testing conducted at an accredited overseas laboratory if no equivalent domestic facility is available.
Cevap: Cevap