New Delhi, Nov. 2 -- Prime Minister Narendra Modi will inaugurate the Emerging Science and Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam in the national capital on 3rd November, Prime Minister's Office said in a release.

Prime Minister Modi will also address the gathering on the occasion.

In a major boost to the R&D ecosystem in the country, the Prime Minister will launch the Rs.1 Lakh Crore Research Development and Innovation (RDI) Scheme Fund.

The scheme aims to promote a private sector-driven research and development ecosystem in the country.

"The scheme has a total outlay of Rs 1 lakh crore over 6 years, with Rs 20,000 crore allocated for FY 2025-26, funded from the Consolidated Fund of India. It offers long-term ...