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1. Which scheme by the Ministry of Defence, started in 2021, aims to promote innovation and technology development in Defence and Aerospace?
The iDEX scheme (Innovations for Defence Excellence) was launched by the Ministry of Defence to promote innovation and modernization in the Defence and Aerospace sectors. It encourages startups, MSMEs, and individual innovators to engage in research and development, providing them with funding and technical support through partnerships with leading incubators. Managed by the Defence Innovation Organization (DIO), the iDEX scheme aims to develop military-grade products and advanced technologies that meet the critical needs of the Indian Armed Forces. The Ministry is now seeking additional funds to continue the scheme beyond 2021-26.