Office of Principal Scientific Advisor to GoI

Draft National Deep Tech Startup Policy (NDTSP) Released for Public Consultation

Posted On: 31 JUL 2023 5:39PM by PIB Delhi

National Deep Tech Startup Policy (NDTSP) Consortium announces the draft policy for public consultation; seeking public feedback till September 15, 2023. 

The Prime Minister's Science, Technology, and Innovation Advisory Council (PM-STIAC), in its 21st meeting held on July 7, 2022, 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.

Chaired by the Principal Scientific Adviser to the Government of India, Prof. Ajay Kumar Sood, the apex-level National Consortium represents a broad spectrum of stakeholders. The members of the Consortium include high-level representatives from the Department for Promotion of Industry and Internal Trade (DPIIT), Atal Innovation Mission (AIM), NITI Aayog, Ministry of Electronics and Information Technology (MeitY), Department of Biotechnology (DBT), Indian Space Research Organisation (ISRO), National Security Council Secretariat (NSCS), Defence Research and Development Organisation (DRDO), National Association of Software and Service Companies (NASSCOM), Confederation of Indian Industry (CII), and Federation of Indian Chambers of Commerce & Industry (FICCI).

The Office of Principal Scientific Adviser to the Government of India is entrusted with the formulation of this policy collectively with key stakeholders. The Office also plays a catalytic role in building synergy among the stakeholder groups in terms of policy priorities for the deep tech ecosystem. Under the overall guidance of the National Consortium, steered by the Expert Working Group, a draft version of the National Deep Tech Startup Policy (NDTSP) has been developed through an extensive multi-stakeholder consultative process involving startups, incubation centres, industry associations, academic institutions, and relevant government agencies.

The consultation and drafting process involved (a) multiple priority setting meetings at the National Consortium and Working Group level, (b) consultative workshops with deep tech startups in Bengaluru, Hyderabad, Mumbai and New Delhi anchored at academic innovation and incubation centres, (c) multi-stakeholder roundtables and debates, (d) focused group discussions with subject matter experts and technology policy researchers and (e) interviews with individual thought leaders in this space. These consultations played a pivotal role in shaping the policy's framework and ensuring its relevance to the needs and aspirations of the deep tech ecosystem. The draft policy is shaped as a result of inputs received from 200+ stakeholders within and outside the deep tech startup ecosystem.

This policy complements and adds value to the existing Startup India policies, programmes and initiatives, by fostering a conducive ecosystem for deep tech startups to thrive and address their unique and complex challenges. The draft NDTSP captures various new policy instruments and suggests necessary policy changes under the following themes:

  1. Nurturing Research, Development & Innovation
  2. Strengthening the Intellectual Property Regime
  3. Facilitating Access to Funding
  4. Enabling Shared Infrastructure and Resource Sharing
  5. Creating Conducive Regulations, Standards, and Certifications
  6. Attracting Human Resources & Initiating Capacity Building
  7. Promoting Procurement & Adoption
  8. Ensuring Policy & Program Interlinkages
  9. Sustaining Deep Tech Startups

The National Consortium met on July 24, 2023, deliberated the draft policy document, and suggested releasing it for public consultation after incorporating review inputs and further recommendations. Accordingly, the revised policy draft is released for public consultation as on July 31, 2023, and will be open for public feedback until September 15, 2023. The document can be accessed here: www.psa.gov.in/deep-tech-policy

******

DS/ST



(Release ID: 1944369) Visitor Counter : 5342


Read this release in: Urdu , Marathi , Telugu