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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 >
New Delhi: Union Cabinet Tuesday approved the Research Development and Innovation Scheme with a corpus of Rs 1 lakh crore to spur private sector investment in research. The scheme, approved by the Cabinet at a meeting chaired by Prime Minister Narendra Modi, aims to encourage the private sector to scale up research, development and innovation in sunrise domains and in other sectors relevant for economic security, strategic purpose and self-reliance. The scheme aims to provide long-term financi ...Read More >
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