# Cabinet Greenlights Rs 1.27 Lakh Crore Semicon 2.0 to Power India's Chip Ambitions

> The Union Cabinet approved Semicon 2.0 with a Rs 1.27 lakh crore outlay, a decision Union Home Minister Amit Shah announced on social media.

**Type:** article · **Category:** Leaders Speak · **Published:** 2026-07-15 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/neta-ji/semikona-2-0-ko-mnjuri-modi-sarakara-ne-semikndaktara-mishana-para-lagaya-1-27-lakha-karora-ka-danva-7894 · **Language:** English
**Tags:** AmitShah

The Union Cabinet has approved the second phase of the India Semiconductor Mission, called Semicon 2.0, with an outlay of Rs 1.27 lakh crore. Union Home Minister Amit Shah announced the decision on social media platform X, calling it a major step toward turning India into a global semiconductor powerhouse.

## What Amit Shah said
Shah wrote that the Cabinet's approval of Semicon 2.0 is a giant step towards realising Prime Minister Narendra Modi's vision of building India into a semiconductor titan. He said the scheme would nurture talent within the country and strengthen the six strategic pillars of the semiconductor ecosystem, covering everything from manufacturing to research.

## Building on the first phase
According to reports, a finance ministry panel had earlier cleared Rs 1.25 lakh crore for the mission, before the Cabinet gave its final approval at an outlay of Rs 1.27 lakh crore, cited elsewhere as roughly Rs 1,27,500 crore. India's original Semiconductor Mission was already under way, and Semicon 2.0 is being described as an expanded, strengthened version of that mission aimed at also boosting chip design work in the country.

## Other big decisions from the same meeting
At the same Cabinet meeting, two elevated corridors were approved to ease traffic congestion in Varanasi. The Cabinet also cleared a Mobile Manufacturing Scheme and an Urea Investment Policy, moves expected to boost investment in mobile device manufacturing and the fertiliser sector.

## Public reaction
Reactions to Amit Shah's post were mixed. Several users welcomed the decision as a far-sighted push for India's technological self-reliance and job creation, while others raised unrelated concerns, including farmer discontent and a paper leak controversy.

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## What this means for you
- **Across India:** Semicon 2.0 is expected to bring fresh investment and job opportunities in semiconductor manufacturing and design, opening up more technology sector jobs for young people.
- **In Varanasi:** The two new elevated corridors are expected to ease traffic congestion in the city, offering relief to daily commuters.

## Questions & Answers

### 1. How much has the Cabinet approved for Semicon 2.0?
The Union Cabinet has approved an outlay of Rs 1.27 lakh crore for Semicon 2.0.

### 2. Who announced this decision?
Union Home Minister Amit Shah announced it on social media platform X.

### 3. What is the goal of Semicon 2.0?
It aims to nurture talent in the country and strengthen the six strategic pillars of the semiconductor ecosystem.

### 4. Is this India's first semiconductor scheme?
No, it is an expanded and strengthened version of the first phase of the India Semiconductor Mission.

### 5. What else was approved at the same Cabinet meeting?
The Cabinet also cleared two elevated corridors in Varanasi, a Mobile Manufacturing Scheme and an Urea Investment Policy.

### 6. How much had a finance ministry panel cleared earlier?
A finance ministry panel had earlier cleared Rs 1.25 lakh crore for the mission, which the Cabinet later raised to Rs 1.27 lakh crore.

## Leader Profile: Amit Shah
- **Role:** Union Home Minister
- **Born:** 22 October 1964, Mumbai, Maharashtra
- **Party:** Bharatiya Janata Party (BJP)
- **Education:** BSc in Biochemistry

India's Home Minister since 2019 and former BJP National President (2014–20), widely regarded as the party's chief strategist.

### Political Career & Achievements
- BJP National President (2014–2020)
- Union Home Minister (since 2019)
- Union Minister of Cooperation (since 2021)
- Member of Parliament, Gandhinagar
- Led the 2019 reorganisation of Jammu & Kashmir

### Quick Facts
- Described as one of the BJP’s most successful party presidents.
- First met Narendra Modi in 1982 through RSS circles in Gujarat.


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