Monday, 23 May 2016

CivilsDially:: Govt. Schemes & Programs:: Technology Acquisition and Development Fund (TADF)

Helping MSMEs through clean, green and energy efficient technologies



Union Government has launched TADF the  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
  • Implementation: The scheme will be implemented through Global Innovation and Technology Alliance (GITA) which is a joint venture company of CII and Department of Science & Technology
  • GITA was launched in 2007-08 to stimulate private sector’s investment in Research and Development
  • Direct Support for Technology Acquisition: Proposals will be invited for reimbursement of 50 per cent or up to 20 lakh rupees of technology transfer fee from Indian industry
  • In-direct Support for Technology Acquisition through Patent Pool: TADF will provide financial support to MSME’s to acquire patent from across the world based on applications
  • Patent/Technology would be licensed to selected MSME’s and they will get a subsidy of 50 per cent of mutually agreed value or upto 20 lakh rupees
  • Technology/Equipment Manufacturing Subsidies: TADF will support manufacturing of equipment for reducing energy consumption, controlling pollution and water conservation
  • In this regard, subsidy of up to 10 per cent of capital expenditure and machinery will be provided to the manufacturing units subjected to a maximum of 50 lakh rupees
  • Green Manufacturing–Incentive Scheme: TDAF seeks to facilitate resource conservation activities in industries located in National Investment and Manufacturing Zone (NIMZ)
  • In this regard, financial support for under incentive or subsidy schemes will be provided for construction of green buildings, energy or water audits and implementation of waste treatment facilities.

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