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Technology Development Fund (TDF)- Rise in Funding

On June 8, 2022, the limit of funding of innovative defence projects was increased from Rs 10 crore to Rs 50 crore per project, under the Technology Development Fund (TDF). Funding has been enhanced in line with the announcement made in Union Budget 2022-23. TDF in Union Budget 2022-23 Union Budget 2022-23 has reserved 25% ..