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In July 2026, what outlay did the Cabinet approve for its Mobile Phone Manufacturing Scheme?

Question and options

In July 2026, what outlay did the Cabinet approve for its Mobile Phone Manufacturing Scheme?

  1. ₹33,660 crore
  2. ₹84,084 crore
  3. ₹62,500 crore
  4. ₹1,27,500 crore

Answer and explanation

Correct answer: C - ₹62,500 crore

The Cabinet approved the ₹62,500 crore scheme on 15 July 2026. It is intended to increase domestic mobile phone manufacturing and support Indian brands.

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