What is the financial incentive cap under the 'Product Design Linked' component of DLI?

Reimbursement of up to 50% of eligible expenditure, capped at ₹15 Crore per application

What is the specific function of the 'ChipIN Centre' established under DLI?

Providing centralized remote access to advanced EDA (Electronic Design Automation) tools for startups/academia

No, it supports Startups, MSMEs, and Domestic Companies (owned by resident Indians)

Incentive of 6% to 4% of net sales turnover for 5 years, capped at ₹30 Crore

Directly to courts (with copy to police) – reverse of earlier system

35,000 students across 14+ campuses (with 100% placement record)

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GS-III

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Answer

C-DAC (Centre for Development of Advanced Computing)