Innovations for Defence Excellence (iDEX) Prime

  • IASbaba
  • April 23, 2022
  • 0
UPSC Articles

Innovations for Defence Excellence (iDEX) Prime

Part of: Prelims and GS-III: Indian economy

Context: Defence Minister Rajnath Singh launched Innovations for Defence Excellence (iDEX) Prime and the sixth Defence India Start–up Challenge (DISC–6) meant to encourage defence start–ups during DefConnect 2.0.

  • Aims to support projects, requiring support beyond Rs 1.5 crore up to Rs 10 crore, to help ever-growing start-ups in the defence sector.
  • iDEX has, so far, introduced more than 100 winners to the market, providing direct & indirect employment to thousands of skilled and semi–skilled people.
  • Stressed on continuous strengthening of all sectors, especially the security apparatus, to deal with the challenges that may emanate from the fast–changing world order.

Search now.....

Sign Up To Receive Regular Updates