Cabinet Approves RDI Scheme to Boost Research and Innovation

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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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link