22 March 2020: PIB Summary & Analysis

March 22nd, 2020 PIB:- Download PDF Here

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TABLE OF CONTENTS

1. Left-wing Extremism
2. COVID-19
3. Technology Development Board

1. Left-wing Extremism

Context:

PM condemns the Maoist attack in Sukma, Chhattisgarh.

Details:

  • At least 17 security personnel were killed and 14 others injured in the Moaist attack.
  • For more on Left-Wing Extremism, click on the linked article.

2. COVID-19

Context:

A slew of measures were announced by the central and state governments to curb the rapid spread of COVID-19.

Details:

For details on the COVID-19 epidemic, and the measures announced by the governments, please check the link COVID-19 (Wuhan Coronavirus).


3. Technology Development Board

Context:

Technology Development Board under DST invites technology proposals for fighting COVID 19.

About the Technology Development Board (TDB):

  • The Government of India constituted the Technology Development Board (TDB) in September 1996, under the Technology Development Board Act, 1995, as a statutory body, to promote the development and commercialization of indigenous technology and adaptation of imported technology for wider application.
  • The TDB is the first organization of its kind within the government framework with the sole objective of commercializing the fruit of indigenous research.
  • The Board plays a pro-active role by encouraging enterprises to take up technology oriented products.
  • The TDB provides equity capital or loans to industrial concerns and financial assistance to research and development institutions.

TDB Functions:

  • Facilitates interaction between industry, scientists, technocrats and specialists.
  • Fosters an innovation culture through contract and cooperative research between industry and institutions.
  • Provides an interface with financial institutions and commercial banks for leveraging funds.
  • Facilitates the creation of a new generation of entrepreneurs.
  • Assists partnerships with other, similar technology financing bodies.
  • Provides vistas for venturing into hi-tech areas.
  • Creates new job opportunities.

TDB Objectives:

  • To promote new ideas from small enterprises even at the risk of failures.
  • To encourage production of competitive consumer products.
  • To motivate industries and R&D institutions for product innovation.
  • To develop socially relevant and profitable technologies.
  • To identify and act in areas requiring strategic interventions.
  • To invest in core technological strengths to enable India industry to stand-up to the competitive pressure and become a global player.

TDB Members:

  • Secretary, Department of Science & Technology – Ex-officio Chairperson
  • Secretary, Department of Expenditure – Ex-officio Member
  • Secretary, Department of Defence Research and Development Organization – Ex-officio Member
  • Secretary, Department of Scientific and Industrial Research – Ex-officio Member
  • Secretary, Department of Industrial Policy and Promotion – Ex-officio Member
  • Secretary, Department of Rural Development – Ex-officio Member
  • Secretary, Technology Development Board – Ex-officio Member Secretary

March 22nd, 2020 PIB:- Download PDF Here

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