shine india monthly magazine Published this article page no 21 Mandated by the Mines and Minerals (Development & Regulation) Amendment Act (MMDRA) 2015 it is funded through the contributions from miners. In 2015 the Government aligned DMF with the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY) scheme mandating 60% of the funds to be utilized for high priority areas such as o Drinking waterenvironment preservation and pollution controlHealth careeducationskill developmentwelfare of women children aged and disabled people sanitation o Rest 40% of the funds to be utilized for other priority roads & physical infrastructure irrigationwatershed development. 7.2. ELECTRONICS INDUSTRY Why in news? Ministry of Electronics & Information Technology has released its Vision Document on Increasing Indias Electronics Exports and Share in Global Value Chains (GVC). More on news It is a part of MeitYs Vision 1000 Days that sets a target of achieving $1 Trillion Digital Economy for AtmaNirbhar Bharat. It focuses on opportunities and key inputs to increase Indias share in the GVC and build largescale manufacturing capabilities to achieve a substantial share in global electronics export. Overview of Electronics Industry Potential of quantum jump in Indias GDP by increasing the share of electronics sector from 2% to 10% it can become one of the top exports of India in the next 3–5 years. National Policy on Electronics (NPE) 2019 set the target of $400 billion turnover by 2025. Flagship Programs Vision set by Government of India under Digital India and Make in India programs to boost electronics sector. Focus on Infrastructure 200 Electronic Manufacturing Clusters (EMCs) are to be setup with world class logistics Infrastructure. India is emerging as an investment destination due to rapidly rising cost of manufacturing and labour in China. India is considering new markets with huge potential like as North Africa South America etc. 7.3. MICRO SMALL & MEDIUM ENTERPRISES Why in news? The government has announced fresh guidelines to include wholesale and retail trades as micro small and medium enterprises (MSMEs) shine india monthly magazine buy.
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