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The Economic Times
The Economic Times

Govt bars selling chip plants till declaration of full commercial production under Semicon 2.0 scheme

Approved chip plants under the Semicon 2.0 programme will not be allowed to sell or mortgage any part of the project till the declaration of commercial production of the entire project, according to the scheme's guidelines issued on Thursday.

The government had notified Semicon 2.0 with an incentive outlay of Rs 1.27 lakh crore.

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