What is the purpose of the Indian Technical and Economic Cooperation (ITEC) programme?

Correct option is A

Correct Answer: (a) Providing technical assistance and training

Explanation:
The Indian Technical and Economic Cooperation (ITEC) programme, established in 1964, is a flagship initiative of the Government of India aimed at fostering capacity building, technical assistance, and skill development among partner countries. It is designed to share India’s developmental experience and expertise with other developing nations.

The programme includes:

• Training: Offering training courses in various fields like IT, engineering, management, and healthcare.
• Technical Assistance: Providing advisory services and support for developmental projects.
• Education: Offering scholarships for higher studies and specialized training programs.
• Partnership Development: Strengthening ties with developing countries by building human resources and fostering mutual growth.

Knowledge Booster:
● ITEC is managed by the Ministry of External Affairs (MEA).
● The programme is open to citizens of 160+ partner countries, primarily in Asia, Africa, Latin America, and the Caribbean.
● It includes short-term courses in premier Indian institutions tailored to the needs of partner nations.
● The initiative promotes South-South cooperation, enhancing India's role in global development.
● Over 13,000 participants from partner countries are trained annually under ITEC.

Additional Information:
● Enhancing military cooperation (Option b): Incorrect; ITEC is focused on developmental assistance, not military activities.
● Promoting cultural exchanges (Option c): Incorrect; while cultural exchange programs exist, they are not the primary purpose of ITEC.
● Regulating financial markets (Option d): Incorrect; ITEC does not involve financial regulation.