Telecom Technology Development Fund scheme
- Posted By
10Pointer
- Categories
Polity & Governance
- Published
3rd Oct, 2022
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Context
Universal Service Obligation Fund (USOF) recently launched the Telecom Technology Development Fund scheme.
About
- Telecom Technology Development Fund (TTDF) aims to fund R&D in rural-specific communication technology applications and form synergies among academia, start-ups, research institutes, and the industry to build and develop the telecom ecosystem.
- The Scheme aims to promote technology ownership and indigenous manufacturing, create a culture of technology co-innovation, reduce imports, boost export opportunities and creation of Intellectual Property.
- Under the scheme, USOF is also targeting to develop standards to meet countrywide requirements and create the ecosystem for research, design, prototyping, use cases, pilots, and proof of concept testing, among others.
- The scheme entails grants to Indian entities to encourage and induct indigenous technologies tailor-made to meet domestic needs.
- This will help build and develop the telecom ecosystem in India by reducing imports, boosting export and creation of Intellectual Property.
What is USOF?
- The Universal Service Obligation Fund (USOF) was formed by an Act of Parliament, and was established in April 2002 under the Indian Telegraph (Amendment) Act 2003.
- It aims to provide financial support for the provision of telecom services in commercially unviable rural and remote areas of the country.
- It is an attached office of the Department of Telecom, and is headed by the administrator, who is appointed by the central government.
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