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National Deep Tech Startup Policy (NDTSP)

In News

 Draft National Deep Tech Startup Policy (NDTSP) has been released
for Public Consultation.

About

 Background: The Prime Minister's Science, Technology, and Innovation


Advisory Council (PM-STIAC), in its 21st meeting, recommended the creation
of a National Consortium and a Working Group to propose a comprehensive
policy framework to address the needs and strengthen the Indian
deep tech startup ecosystem.
 Aim: To harness the transformative potential of technological advancement
across diverse sectors and laying the groundwork for new industry creation.
This policy aims to significantly strengthen India's capabilities and
enhance global competitiveness.
 The Office of Principal Scientific Adviser to the Government of India is
entrusted with the formulation of this policy collectively with key
stakeholders.
 The policy identifies nine key thematic priority areas that require
intervention for initialising the creation of a conducive ecosystem.
o Nurturing Research, Development & Innovation
o Strengthening the Intellectual Property Regime
o Facilitating Access to Funding
o Enabling Shared Infrastructure and Resource Sharing
o Creating Conducive Regulations, Standards, and Certifications
o Attracting Human Resources & Initiating Capacity Building
o Promoting Procurement & Adoption
o Ensuring Policy & Program Interlinkages
o Sustaining Deep Tech Startups

Deep Technology

 Deep Technology refers to innovations founded on advanced scientific


and technological breakthroughs. Due to their disruptive nature, they
have the potential to solve India’s most pressing societal issues.
 India's deep tech Vision encompasses four key pillars: securing
India's economic future, progressing towards a knowledge-driven economy,
bolstering national capability and sovereignty through the Atma Nirbhar
Bharat imperative and encouraging ethical innovation.

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