Question : Innovations for Defence Excellence (iDEX)

(a) whether the Government has recently approved a budgetary support of around Rs 500 crore over the next five years to Innovations for Defence Excellence (iDEX) - Defence Innovation Organisation (DIO);

(b) if so, the details thereof;

(c) whether this approved budget aims to provide financial support to start-ups, MSMEs, individual innovators and other partner incubators under the DIO framework;

(d) if so, the details of any norms or guidelines that have been prescribed to select such partner organisations; and

(e) whether the Department of Defence Production (DDP) will release funds to DIO for setting up and managing the iDEX network and if so, the details thereof?

Answer given by the minister

MINISTER OF STATE (SHRI AJAY BHATT)
IN THE MINISTRY OF DEFENCE


(a) to (e): A statement is attached.
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