NRDC to develop technology data bank

The National Research Development Corporation (NRDC) has proposed to develop a technology data bank in the country.
Under the 'Make in India' initiative, it also proposes to scout for technologies to be acquired, demonstrate high risk technologies in PPP mode and extend angel funding for promising technologies, Minister of State of Science and Technology Y S Chowdary said in a written reply in Lok Sabha.
He said that as the Digital India programme entails making available all databases and information electronically, the corporation has "proposed to develop an Indian technology data bank".
He said the corporation has also proposed adoption of a gram panchayat and promote innovative technologies therein for socio-economic transformation.

To a related question, he said the corporation is also being advised to raise its income from commercial activities to promote domestic research and development growth.