New Delhi, Jan. 6 -- The Central government has announced a major relaxation for deep-tech startups by exempting the mandatory three-year existence condition for recognition under DSIR's Industrial Research and Development Promotion Programme.

Union Minister of State (Independent Charge) for Science and Technology, Earth Sciences, PMO, Department of Space and Department of Atomic Energy, Jitendra Singh, said the move would provide a huge relief and early support to budding innovators and entrepreneurs in the deep-tech space.

The Minister said the relaxation is aimed at accelerating India's startup ecosystem and providing early momentum to beginners and early-stage deep-tech projects.

He noted that while the Rs 1 lakh crore Research, De...