New Delhi, Feb 13 (IANS) The government on Friday approved the first national call for the Rs 2,000 crore BIRAC–RDI Fund, under the Rs 1 lakh crore Research, Development, and Innovation (RDI) initiative to boost biotech sector.Union Minister Dr Jitendra said the launch reflects a decisive shift in India’s approach to science-led growth and signals that the country is no longer a late entrant but an early mover in emerging technologies.He said the transformation is visible in the expansion of…
Latest RDI Fund News & Updates
New Delhi, Jan 19 (IANS) The Rs 1 lakh crore Research, Development, and Innovation (RDI) fund for industry-backed projects will start by the end of this month, said Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, on Monday.Addressing a review meeting for the RDI Fund scheme, the Minister noted that the funding framework has entered into the execution phase, and two public sector institutions are poised to start funding industry-backed projects.The RDI…
New Delhi, Jan 4 (IANS) The government on Sunday announced a major relaxation of the mandatory three-year existence condition for deep-tech startups to avail recognition under the DSIR’s Industrial Research and Development Promotion Programme.The move, aimed at accelerating India’s startup ecosystem, is expected to provide early momentum to early starters or beginners of StartUp projects as well as promising innovators and entrepreneurs, said Union Minister Dr. Jitendra Singh at the 42nd Fou…