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Technology Development Board

Topics Covered: Statutory, regulatory and various quasi-judicial bodies.

Technology Development Board

What to study?

For Prelims: TDB and GITA- composition, objectives and functions.

For Mains: Need for and significance of technological developments.

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

The proposal may include technologically innovative solutions like low-cost masks, cost-effective scanning devices, technologies for sanitization of large areas as well as for contactless entry, rapid diagnostic kits and oxygenators, and ventilators.

About Technology Development Board:

It is a statutory body established by Technology Development Board Act, 1995.

Objective: To promote development and commercialization of indigenous technology and adaptation of imported technology for much wider application. 

Roles and functions of the board:

  1. Encourage enterprises to take up technology-oriented products.
  2. Provide equity capital or loans to industrial concerns and financial assistance to research and development institutions.

Global Innovation & Technology Alliance (GITA):

In order to stimulate private sector’s investment in R&D, TDB has established Global Innovation & Technology Alliance (GITA).

It is a joint venture between Confederation of Indian Industry (CII) and TDB with an equity contribution of 51:49 respectively.

The GITA will assist Department of Science & Technology (DST) in implementing industrial research and development programme with different countries under bilateral and multilateral science and technology cooperation agreements.

Insta Link:

Prelims Link:

  1. Statutory vs Non statutory bodies.
  2. Grants vs Loans.
  3. Interests on loans provided by TDB.
  4. Who appoints TDB Chairperson and members?

Mains Link:

Discuss the role and functions of the Technology Development Board (TDB).

Sources: pib.