RDI Scheme

Cabinet Approves RDI Scheme to Boost Research and Innovation

Official Press

01 Jul 2025

The Union Cabinet, led by Prime Minister Narendra Modi, has approved the Research Development and Innovation (RDI) Scheme with a budget of Rs. One lakh Crore. This initiative aims to enhance India's research ecosystem by providing long-term financing to the private sector, encouraging investment in strategic and sunrise sectors. The scheme focuses on scaling up RDI, financing transformative projects, supporting technology acquisition, and establishing a Deep-Tech Fund of Funds. The Anusandhan National Research Foundation will oversee the implementation and strategic direction of the scheme, which aims to foster self-reliance and global competitiveness in India's innovation landscape by 2047.

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Recent Diplomatic Updates from India's Ministry of External Affairs

Key Diplomatic Updates from the Ministry of External Affairs

India-Sri Lanka HTA Workshop Commences for Health Technology Assessment

VOC Port Hosts Key Event on AI Advances in Maritime Operations