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With reference to the Technology Development Fund (TDF), consider the following statements:
1. It is a scheme executed by the Defence Research and Development Organization (DRDO).
2. It grants aid for defence and dual-use technology development.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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With reference to the Technology Development Fund (TDF), consider the ...
A Woman-led Start-up Developed ‘Divya Drishti’, a cutting-edge AI Tool for Personal Identification, under a Technology Development Fund.
About:
- AI tool “Divya Drishti” integrates face recognition with immutable physiological parameters such as gait and skeleton.
- It was developed by Ingenious Research Solutions Pvt Ltd., a start-up established by a woman entrepreneur, Dr. Shivani Verma.
- This innovative solution marks a significant advancement in biometric authentication technology, offering enhanced accuracy and reliability in identifying individuals.
- This dual approach enhances identification accuracy, minimizing the risk of false positives or identity fraud and has versatile applications across diverse sectors including Defence, Law Enforcement, Corporate and Public Infrastructure.
- The AI tool has been developed under the technical guidance and mentoring of the Centre for Artificial Intelligence & Robotics (CAIR), a laboratory of DRDO based in Bangalore.
The Technology Development Fund (TDF):
- The TDF scheme is a flagship programme of the Ministry of Defence executed by DRDO under ‘Make in India’ initiative.
- It grants aid for defence and dual-use technology development.
- Objectives: To build Indian industries' capacity and capability for defence technology development, foster a culture of design and development, and create an R&D ecosystem.
- It supports niche technology development, and prototype creation, and achieves 'Aatmanirbharta' in defence technology.
Hence option c is the correct answer.
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With reference to the Technology Development Fund (TDF), consider the ...
Technology Development Fund (TDF)
The correct answer is option 'C' - Both 1 and 2.
Statement 1: It is a scheme executed by the Defence Research and Development Organization (DRDO).
- The Technology Development Fund (TDF) is indeed a scheme executed by the Defence Research and Development Organization (DRDO), which is an agency under the Ministry of Defence in India.
- The primary objective of the TDF is to encourage private sector participation in the development of defence and dual-use technologies.
Statement 2: It grants aid for defence and dual-use technology development.
- The TDF provides financial support to Indian industries, including startups and MSMEs, for the development of critical technologies that are relevant to the defence sector as well as have civilian applications.
- The fund aims to promote self-reliance in defence production and reduce dependency on imports by fostering indigenous innovation and development of cutting-edge technologies.
In conclusion, both statements are correct. The TDF is a scheme implemented by DRDO to provide aid for defence and dual-use technology development, thereby supporting the growth of indigenous capabilities in the defence sector.
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With reference to the Technology Development Fund (TDF), consider the following statements:1. It is a scheme executed by the Defence Research and Development Organization (DRDO).2. It grants aid for defence and dual-use technology development.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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