Archive · 31 Jul 2026

RDI Fund Disbursement Raises Conflict of Interest Concerns

RDI Fund Disbursement Raises Conflict of Interest Concerns

The Indian government created a big fund called the RDI Fund to help private companies do research and make new technology.

A group of people chose which companies would get money from this fund.

But some of those people also own or have a stake in the companies they chose.

The Science and Technology Minister told Parliament about this problem.

It means the people who decide who gets the money might be favoring their own companies, which could be unfair.

Sources