technology development fund scheme recently seen in the news is a prog | Examsbook

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237 0

Q:
Technology Development Fund scheme, recently seen in the news, is a programme of which ministry?

1
Ministry of Science and Technology
2
Ministry of Home Affairs
3
Ministry of Urban Development
4
Ministry of Defence

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Answer : 4. "Ministry of Defence"
Explanation :
The Defence Research and Development Organisation (DRDO) sanctioned seven new private sector projects under the Technology Development Fund (TDF) scheme. Established to promote self-reliance in defence technology under the ‘Make in India’ initiative, the TDF is a Ministry of Defence program executed by DRDO. It supports MSMEs and startups, providing up to 90% funding for projects costing up to INR 50 crore, with a maximum development period of four years.

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