Archive · 1 Aug 2025
India Launches RDI Scheme with ₹1 Lakh Crore to Boost Private R&D
The Indian government is investing heavily to encourage private companies to do more research and development.
A new scheme, supported by a large fund of Rs 1 lakh crore, will offer low-interest loans.
The goal is to boost innovation in important areas like advanced technology and other crucial projects.
The ANRF will lead this initiative, with the DST helping to put it into action.
Government launches RDI Scheme to boost private sector R&D.
Rs 1 lakh crore fund will support R&D.
Scheme targets deep-tech, critical, and transformative projects.
ANRF will anchor the scheme.
DST will implement the RDI Scheme.
- Who
- Science and Technology Minister Jitendra Singh and the government.
- What
- The government launched the RDI Scheme to boost private sector R&D.
- When
- August 1st
- Where
- India
- Why
- To drive India's sovereign technology ambitions and transform private sector R&D.
- Scheme Name
- Research, Development, and Innovation (RDI) Scheme
- Funding Amount
- Rs 1 lakh crore
- Funding Type
- Long-term, low-interest loans
- Focus
- Deep-tech, critical technologies, and transformative projects
- Anchored by
- Anusandhan National Research Foundation (ANRF)
- Implemented by
- Department of Science and Technology (DST)