The Government has taken following actions to encourage culture of innovation in defence sector:-
Under the new Defence Procurement Procedure (DPP) 2016 promulgated in April 2016, the Make Procedure has been simplified. The procedure provides for funding of 90% of development cost by the Government to Indian industry for design, develop and manufacture of defence equipment. Projects not exceeding development cost of Rs. 10 crore (Government funded) and Rs. 3 crore (industry funded) have been reserved for MSMEs under this procedure.
The Government has recently approved a Defence Innovation Fund (DIF) with initial funding by two DPSUs; Bharat Electronic Limited (BEL) and Hindustan Aeronautics Limited (HAL). The fund aims at creation of ecosystem to foster innovation and technology development in Defence, by engaging R&D institutes / academia and industry including start-ups and provide them the funding to carry out innovative development which has the potential for future commercialization.
The Government has also launched a scheme of Technology Development Fund (TDF) which aims at funding the development of defence and dual use technologies that are currently not available with the Indian defence Industry, or have not been developed so far, thus creating an ecosystem for enhancing cutting edge technology capability for Defence applications. The TDF scheme is implemented by Defence Research & Development Organization (DRDO) and provides for assistance in the form of grant to public and private industries for design and development of key defence technologies.
This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply to Shri Asaduddin Owaisi in Lok Sabha today.
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