TADF to be implemented through GITA.

Q.  Global Innovation and Technology Alliance (GITA)

1. GITA is joint venture company which envisages support for MSMEs.
2. Technology Acquisition and Development Fund will be implemented through GITA.
- Published on 24 Nov 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both
 
- GITA is joint venture company which envisages supporting MSMEs through the following four programmes: Direct Support for Technology Acquisition, Indirect Support for Technology Acquisition through Patent Pool, Technology/ Equipment Manufacturing Subsidies and Green Manufacturing - Incentive Scheme.
- Being implemented by the Department of Industrial Policy & Promotion (DIPP), the Technology Acquisition and Development Fund (TADF) will empower Micro, Small & Medium Enterprises (MSMEs) to acquire technology, customised products, specialised services, patents and industrial designs available in India and globally.

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