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Transfer of critical technology to developing countries like India is crucial for a sustained partnership and an inclusive future. In this regard, discuss the significance of the US-India Initiative on Critical and Emerging Technologies (iCET). What are the hurdles in its implementation?

Topic: Science and Technology

Q4. Transfer of critical technology to developing countries like India is crucial for a sustained partnership and an inclusive future. In this regard, discuss the significance of the US-India Initiative on Critical and Emerging Technologies (iCET). What are the hurdles in its implementation? (250 Words)

 Difficulty level: Moderate

Reference: Insights on India, TH

 Why the question:

Recently, India and the United States unveiled a roadmap for enhanced collaboration in high-technology areas, with a focus on addressing regulatory barriers and aligning export controls for smoother trade and “deeper cooperation” in critical areas. This was part of the Initiative on Critical and Emerging Technology (iCET) announced by President Joe Biden and Prime Minister Narendra Modi last year.

Key Demand of the question:

To discuss the significance of the US-India Initiative on Critical and Emerging Technologies (iCET) and identify the hurdles in its implementation.

 Directive word: 

Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments.

Structure of the answer:

Introduction: 

Briefly introduce the importance of technology transfer for developing countries and mention the launch of the US-India Initiative on Critical and Emerging Technologies (iCET).

 Body:

  Significance of iCET:

  • Strengthening bilateral relations between the US and India.
  • Promoting innovation and technological advancement.
  • Enhancing defense and strategic partnerships.
  • Contributing to economic growth and development.
  • Supporting sustainable development and inclusive growth.

  Hurdles in Implementation:

  • Regulatory and bureaucratic barriers.
  • Intellectual property rights (IPR) issues.
  • Differences in technological standards and practices.
  • Geopolitical challenges and strategic concerns.
  • Funding and resource allocation constraints.
  • Suggest measures to address these hurdles

 Conclusion:

Conclude with a way forward.