Context:
The Technology Development Fund (TDF) scheme plays a pivotal role in fostering 'Atma Nirbharta' (self-reliance) in defense.
Technology Development Fund (TDF) Scheme
- Organized by: The TDF scheme is a flagship initiative led by the Ministry of Defence and implemented by the Defence Research and Development Organization (DRDO) as part of the 'Make in India' initiative.
- Objective: Its primary objective is to provide Grant in Aid to Indian industries, including MSMEs and start-ups, as well as academic and scientific institutions.
Implications of TDF
- Research and Development: Emphasis placed on researching, designing, and developing niche technologies that are pioneering efforts in the country.
- Coordination among Agencies: the scheme aims to establish a bridge connecting the Armed Forces, research organizations, academia, and certifying agencies with private sector entities.