The technology acquisition and development fund launched under new manufacturing Policy, 2011 has been in news recently. Which sector of Industry will it focus upon?
Capital goods industries
Incorrect Answer Public sector enterprises
Incorrect Answer Micro, small and medium enterprises
Correct Answer All of the above
Incorrect AnswerExplanation:
Technology Acquisition and Development Fund (TADF) is launched by Govt. of India under the National Manufacturing Policy (NMP), 2011. Key facts TADF will facilitate Micro, Small & Medium Enterprises (MSME) to acquire clean, green and energy efficient technologies. It will also catalyse the manufacturing growth in MSME sector with an aim to contribute to ‘Make in India’ initiative.
The scheme was launched by Prime Minister Narendra Modi in June 2015 with the focus of the urban renewal projects is to establish infrastructure that could ensure adequate robust sewerage networks and water supply for urban transformation. The scheme is dependent with public private partnership model(PPP) model. The purpose of Atal Mission for Rejuvenation and Urban Transformation (AMRUT) is to (i) ensure that every household has access to a tap with assured supply of water and a sewerage connection; (ii) increase the amenity value of cities by developing greenery and well maintained open spaces (parks); and (iii) reduce pollution by switching to public transport or constructing facilities for non-motorized transport
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