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Info-pedia / 10 Jul 2024

Info Pedia : The Technology Development Fund (TDF)

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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.