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NEW DELHI: The Cabinet, led by Prime Minister Narendra Modi, on Tuesday approved the "Research Development and Innovation (RDI) Scheme" with a corpus of ₹1 lakh crore, a move that is expected to boost private sector investments in research and development (R&D) in sunrise sectors, such as deep tech and electronics. 'Recognizing the critical role that the private sector plays in driving innovation and commercialising research, the RDI Scheme aims to provide long-term financing or refinancing wit ...Read More >
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