The best chips.

A few days back, "Prime Minister Narendra Modi accompanied by his Singapore counterpart Lawrence Wong...visited a leading Singaporean semiconductor company and signed an MOU on India-Singapore Semiconductor Ecosystem Partnership." The government is to give a second $10 billion to Indian Semiconductor Mission (ISM), which is "a division within the Digital India Corporation tasked with furthering the country's semiconductor manufacturing, packaging and design capabilities." ET. ISM within DIC doing everything, managed by bureaucrats. Disaster looms. "In 21st century Bharat, the chips are never down. Today's Bharat assures the world that when the chips are down, you can bet on India," Mr Modi said. ET. CEOs of semiconductor industries "appreciated India's commitment to the growth of the semiconductor sector and said that what has transpired today is unprecedented wherein leaders of the entire semiconductor sector have been brought under one roof." pib,gov.in. The US CHIPS and Science Act provides $52.7 billion for domestic research and manufacturing of semiconductors within the US, as well as "$174 billion in the overall ecosystem of public sector research in science and technology". wikipedia. In March, "The Biden administration...revised rules aimed at making it harder for China to access US artificial intelligence (AI) chips and chip making tools," while in October it banned "shipments to China of more advanced AI chips designed by Nvidia and other." Reuters. In January, "ASML has been ordered by the Dutch government to restrict shipment of some of its chip-making equipment to China, the company said." "ASML is known for its prowess in making lithography machines, which use light to print patterns on silicon." "Because of its dominance in the market, ASML has been cited by experts as a bellwether of the growing rift between China and the West over access to advanced technology." CNN. In March, Prof Raghuram Rajan said, "India needs to focus on more pressing needs, such as putting spectrometers into colleges to produce first rate science students, rather then wooing chip manufacturers with subsidies." He did not say that India should never make chips "but with every nation trying to pursue the same, it would be a ruinous race to get into." Moneycontrol. "If designs, wafers, machines and key chemicals all need to be produced within the same country to achieve true security, only a vast continental economy like the US - and maybe China and the EU - can obtain significant manufacturing independence, and only at tremendous cost," wrote Prof Rajan. "Today, India ranks as the world's third largest potato producing nation," which being "a cash crop provides significant income for farmers: the value of the 2005 harvest is estimated at $3.6 billion and exports totaled about 80,000 tonnes that year." Potaopro. Potatoes are easy to grow, easy to turn into chips and immediately create jobs. Potato chips will never be down.