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Polity & Governance
Mahesh

01/08/23 06:52 AM IST

National Deep Tech Startup Policy

In News
  • The government recently released the draft National Deep Tech Startup Policy (NDTSP) that spells out a nine-point programme to create a conducive ecosystem for the sector, which is crucial for enhancing India's capability and global competitiveness.
Policy Guidelines
  • The policy has defined deep tech startups with regard to different parameters based on various attributes such as maturity levels, applicability to different sectors, time frames and geographical boundaries, and contextual relevance.
  • A deep tech startup involves early-stage technologies based on scientific or engineering advancements, which are yet to be developed for any commercial applications.
  • A deep tech startup typically produces a solution along an unexplored pathway based on new knowledge within a scientific or engineering discipline or by combining knowledge from multiple disciplines.
  • The key priorities for the government through this policy are nurturing research, development, and innovation, strengthening intellectual property regime, facilitating access to funding, infrastructure access and resource sharing, standards and certifications, among other things.
  • The policy also proposes an organisation – The Centre for Deep Tech Translation to assess Indian research (publications, patents, etc.) for potential commercialisation.
Source- PIB

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