TECHNOLOGY DEVELOPMENT FUND (Syllabus: GS Paper 3 – Sci and Tech)

News-CRUX-10     5th July 2024        
output themes

Context: The Technology Development Fund (TDF) scheme is pivotal in bolstering 'Atma Nirbharta' in the defense sector through technology advancement initiatives.

Technology Development Fund (TDF)

  • About: The TDF scheme aims to foster involvement from both public and private sectors, with a special focus on startups and MSMEs, to cultivate a robust ecosystem in advanced technology.
  • Implemented by: DRDO, under the 'Make in India' initiative.
  • Promoting Self-Reliance: To promote 'Aatmanirbharta' by reducing dependency on foreign technology through indigenous development.
  • Objectives of the TDF

oTo provide Grant in Aid to Indian industries, including MSMEs & start-ups, as well as academic and scientific institutions for the development of defence and dual use technologies that are currently not available with the Indian defence Industry.

oTo engage with the private industries, especially MSMEs and start-ups, to bring in the culture of Design & Development of Military Technology and support them with Grant in Aid.

oTo focus on Research, Design & Development of Niche technologies which are being developed for the first time in the country.