New Delhi, May 6 (IANS) The Office of the Principal Scientific Adviser to the Government signed a Memorandum of Understanding (MoU) with the Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday at Kartavya Bhavan here to foster a robust ecosystem for research & development in the country by bridging the gap between industry, academia, and research institutions.The MoU aims to promote research, its translation, and commercialisation, foster strategic partnerships, and s…
Latest RDI Fund News & Updates
New Delhi, May 4 (IANS) Technology-driven innovation is the key to India’s economic renaissance, with its contribution expanding from research to industry, startups and national growth, Union Minister of State, Dr Jitendra Singh, said on Monday.The minister said science must now move “from laboratories to markets and from ideas to impact,” reflecting a new policy direction that integrates research with economic outcomes.He was addressing the 56th Foundation Day of the Department of Science…
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…
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…