_______ has launched the India-Russia Joint Technology Assessment and Accelerated Commercialization Programme.

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UP Police SI (दरोगा) Official PYP (Held On: 15 Nov 2021 Shift 3)
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  1. Department of Science and Technology
  2. NITI Aayog
  3. Foundation for Assistance to Small Innovative Enterprises (FASIE)
  4. Ministry of Foreign affairs

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Option 1 : Department of Science and Technology
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UP Police SI (दरोगा) Official PYP (Held On: 2 Dec 2021 Shift 1)
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The correct answer is Department of Science and Technology.

Key Points

  • The India-Russia Joint Technology Assessment and Accelerated Commercialization Programme was launched by the Department of Science and Technology (DST), Government of India.
  • This program aims to strengthen India-Russia bilateral collaboration in science, technology, and innovation through joint research and commercialization efforts.
  • The initiative focuses on sectors such as aerospace, renewable energy, IT, and healthcare to foster industrial and technological advancements.
  • It provides a platform for collaboration between startups, innovators, and researchers from both nations to develop market-ready technologies.
  • The program is implemented in partnership with the Foundation for Assistance to Small Innovative Enterprises (FASIE) of Russia.

Additional Information

  • Department of Science and Technology (DST):
    • The DST was established in 1971 under the Ministry of Science and Technology, Government of India.
    • It plays a critical role in formulating policies and programs to promote scientific research and innovation in India.
    • It fosters international collaborations in science and technology to promote knowledge sharing and innovation.
  • Foundation for Assistance to Small Innovative Enterprises (FASIE):
    • FASIE is a Russian organization that supports small and innovative enterprises through funding and mentorship.
    • It facilitates the commercialization of research and development projects, particularly in the startup ecosystem.
    • FASIE collaborates with international organizations to promote joint innovation programs.
  • India-Russia Relations in Science & Technology:
    • India and Russia have been longstanding partners in the field of science, technology, and space exploration.
    • Collaborations include joint projects under platforms like the Integrated Long-Term Programme (ILTP) and other bilateral agreements.
  • Commercialization of Technology:
    • Technology commercialization refers to the process of bringing innovations from research labs to the market.
    • It involves partnerships between researchers, governments, and industries to create economically viable products and services.
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