National Manufacturing Policy - GS questions based on daily current affairs

1)   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.

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

ANSWER: Both

Explanation:
- 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.
2)   Technology Acquisition and Development Fund (TADF) is under -

a. Digital India program
b. Make in India
c. National Manufacturing Policy
d. Startup India stand-up India
Answer  Explanation 

ANSWER: National Manufacturing Policy

Explanation:
- Technology Acquisition and Development Fund (TADF) is under National Manufacturing Policy being implemented by Department of Industrial Policy & Promotion(DIPP).
- TADF is a new scheme to facilitate acquisition of Clean, Green & Energy Efficient Technologies, in form of Technology / Customised Products / Specialised Services / Patents / Industrial Design available in the market available in India or globally, by Micro, Small & Medium Enterprises (MSMEs).

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