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Defense Minister Rajnath Singh increased funding for DRDO's TDF scheme to How many crores ?
Rs 40 Crore
Rs 50 Crore
Rs 70 Crore
Rs 100 Crore

Correct Answer : Option (B) - Rs 50 Crore

Defence Minister Rajnath Singh has approved the enhancement of funding under the Technology Development Fund (TDF) scheme to Rs 50 crore per project from Rs 10 crore, according to an official statement by Defence Ministry.

The TDF scheme, executed by Defence Research and Development Organisation (DRDO), supports the indigenous development of components, products, systems and technologies by MSMEs and start-ups.
It may be recalled that 25 percent of the Defence Research and Development budget was earmarked for private industry, start-ups and academia in Union Budget 2022-23.

Source : F T L

Published On : June 9, 2022
Category : Defence