Explore Our Affordable Courses

Click Here

National Deep Tech Startup Policy (NDTSP): Key Features

Context: A note on a new ‘deep tech’ policy for India will be sent for Union Cabinet approval in the coming weeks.

  • A draft of the policy on Deep Tech has been released In July 2023, for public comment and following feedback from the industry, a final version is ready for approval. 

Key Features of National Deep Tech Startup Policy (NDTSP) 

  • Aim: 

    • To  propel innovation, economic growth, and societal development and
    • To lay the foundation for India’s emerging Deep Tech Startup ecosystem.
  • Pillars: 

    • Ensuring the Security of India’s Economic Future
    • Facilitating a Seamless Transition to a Knowledge-Driven Economy
    • Bolstering National Capability and Sovereignty through the Atma Nirbhar Bharat Imperative
    • Fostering Ethical Innovation.
  • key Foundational Elements of the Policy

    • Funding and Innovation: The strategy attempts to give financial assistance to deep tech firms through a variety of means such as grants, loans, and venture capital. 
      • It also aims to foster innovation by simplifying regulatory processes and encouraging collaboration between academia and industry. 
    • Talent Development: It promotes steps to cultivate a skilled workforce in the deep tech sector. This includes promoting STEM education, offering training possibilities, and attracting international talent.
      • The policy also provides for the creation of domain expertise for data interpretation through a fee-service model.
    • Access to Advanced Infrastructure and Technology: It suggests that deep tech incubation centers and testing facilities be established across the country, it also emphasizes strengthening the existing tie-ups with IIT and IISc, etc to provide shared infrastructure resources at nominal fees.
    • Public Procurement and Market Opportunities: The strategy pushes government agencies to embrace deep-tech solutions and opens up new markets for businesses as well as become the first market for such deeptech startups. It also encourages international cooperation and market access.
    • Intellectual Property (IP) Protection: It suggests the establishment of a uniform IP framework and the implementation of strong cybersecurity measures.

What is Deep Tech?

  • About: Deep tech refers to those startups whose business model is based on high-tech innovation in engineering, or significant scientific advances and  have developed intellectual property that promises an outsize impact but is yet to be realized.
  • These are mainly based on artificial intelligence or machine learning, or new or existing emerging technologies like blockchain, computer imaging, and VR. 
    • Examples: AI applied to predict natural disasters or molecular imaging technologies that identify disease or predisposition to disease.


Must Read:
What Is Deepfake Technology?

News source: The Hindu

Must Read

NCERT Notes For UPSC UPSC Daily Current Affairs
UPSC Blogs UPSC Daily Editorials

 

To get PDF version, Please click on "Print PDF" button.

Need help preparing for UPSC or State PSCs?

Connect with our experts to get free counselling & start preparing

 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

THE MOST
LEARNING PLATFORM

Learn From India's Best Faculty

      

 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

Quick Revise Now !
AVAILABLE FOR DOWNLOAD SOON
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध
Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

<div class="new-fform">







    </div>

    Subscribe our Newsletter
    Sign up now for our exclusive newsletter and be the first to know about our latest Initiatives, Quality Content, and much more.
    *Promise! We won't spam you.
    Yes! I want to Subscribe.