{"id":73543,"date":"2025-11-15T13:06:46","date_gmt":"2025-11-15T07:36:46","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=73543"},"modified":"2025-11-15T13:06:46","modified_gmt":"2025-11-15T07:36:46","slug":"electronics-development-fund","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/electronics-development-fund\/","title":{"rendered":"Electronics Development Fund"},"content":{"rendered":"<h2><b>Electronics Development Fund Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Electronics Development Fund has played a pivotal role in nurturing innovation and entrepreneurship in India\u2019s electronics and IT sectors.\u00a0<\/span><\/p>\n<h2><b>About Electronics Development Fund<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It was launched by the <\/span><b>Government of India on 15 February 2016.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Fund aims to <\/span><b>promote research, development, and entrepreneurship<\/b><span style=\"font-weight: 400;\"> in the fields of electronics, <\/span><b>nano-electronics<\/b><span style=\"font-weight: 400;\">, and information technology.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It <\/span><b>functions as a Fund of Funds,<\/b><span style=\"font-weight: 400;\"> designed to <\/span><b>invest in professionally managed Daughter Funds <\/b><span style=\"font-weight: 400;\">such as early-stage angel and venture funds.<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Each Daughter Fund supported under the scheme is required to be <\/span><b>registered in India<\/b><span style=\"font-weight: 400;\"> and comply with all applicable laws and regulations, including the <\/span><b>SEBI (Alternative Investment Funds) Regulations, 2012, <\/b><span style=\"font-weight: 400;\">as <\/span><b>Category I or Category II AIFs.<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><b>Key Objectives of Electronics Development Fund<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Promote Innovation and R&amp;D:<\/b><span style=\"font-weight: 400;\"> To foster research and development in <\/span><b>electronics, nano-electronics, and information technology<\/b><span style=\"font-weight: 400;\"> by supporting market-driven and industry-led innovation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Support Daughter Funds:<\/b><span style=\"font-weight: 400;\"> To invest in professionally managed Daughter Funds <\/span><b>such as early-stage angel and venture funds<\/b><span style=\"font-weight: 400;\"> that, in turn, provide capital to startups and technology ventures.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Encourage Product and Technology Development:<\/b><span style=\"font-weight: 400;\"> To <\/span><b>nurture entrepreneurship<\/b><span style=\"font-weight: 400;\"> by supporting companies involved in the creation of new products, processes, and technologies within the country.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strengthen Domestic Design Capabilities:<\/b><span style=\"font-weight: 400;\"> To enhance India\u2019s capacity for <\/span><b>indigenous design and developmen<\/b><span style=\"font-weight: 400;\">t in the Electronics System Design and Manufacturing (ESDM) sector.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Build a National IP Resource Pool:<\/b><span style=\"font-weight: 400;\"> To generate a <\/span><b>strong base of intellectual property<\/b><span style=\"font-weight: 400;\"> in key technology areas and encourage ownership of innovation within India.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Facilitate Strategic Acquisitions:<\/b><span style=\"font-weight: 400;\"> To enable acquisition of <\/span><b>foreign technologies<\/b><span style=\"font-weight: 400;\"> and companies where such products are imported in large volumes, promoting self-reliance and reducing import dependence.<\/span><\/li>\n<\/ul>\n<p><b>Source:<\/b> <strong><a href=\"https:\/\/www.pib.gov.in\/PressReleseDetailm.aspx?PRID=2190256\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Electronics Development Fund was launched by the Government of India on 15 February 2016. Read more about Electronics Development Fund, Key Objectives, Latest News.<\/p>\n","protected":false},"author":24,"featured_media":73580,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3717],"class_list":{"0":"post-73543","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-electronics-development-fund","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/73543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=73543"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/73543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/73580"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=73543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=73543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=73543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}