Electronic System Design and Manufacturing Sector – M-SIPS, National Policy on Electronics, etc.

Minister for Telecom & IT to Launch Electronics Development Fund (EDF)

  1. Background: The Electronics Development Fund Policy was launched by Prime Minister, during the inauguration of Digital India Week on 1st July 2015
  2. Context: Government has appointed CANBANK Venture Capital Fund Pvt. Ltd. to house EDF
  3. Ministry: EDF an initiative of IT Department is formulated as a “Fund of Funds” to participate in “Daughter Funds”
  4. Beneficiaries: Daughter Funds (set up to achieve the objectives of the EDF policy) registered in India
  5. Regulation: Abiding by the relevant rules and regulations including the SEBI regulations on Venture Fund
  1. Background: The Electronics Development Fund Policy was launched by Prime Minister, during the inauguration of Digital India Week on 1st July 2015
  2. Context: Government has appointed CANBANK Venture Capital Fund Pvt. Ltd. to house EDF
  3. Ministry: EDF an initiative of IT Department is formulated as a “Fund of Funds” to participate in “Daughter Funds”
  4. Beneficiaries: Daughter Funds (set up to achieve the objectives of the EDF policy) registered in India
  5. Regulation: Abiding by the relevant rules and regulations including the SEBI regulations on Venture Fund
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