Summary
The extra money helped the country collect more taxes and create many jobs.
The plan will run from 2026 to 2030 and aims to make more phones for other countries.
Key Points
3 points1
The incentive program aims to add about 39 lakh crore rupees worth of phones.
2
It offers 2.25% to 5% extra money on phone sales, plus up to 1.5% for using Indian parts.
3
The program hopes to create about 60,000 new direct jobs.
New Words to Learn
8 wordsincentive
extra money or help to encourage something
extra money
additional cash given as a reward
production
making things in factories
export
selling things to other countries
percentage
a part of a whole, shown as out of 100
direct jobs
jobs that are created right away by a project
domestic
made inside the same country
components
the small parts that go together to make a bigger thing
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