India, Feb. 11 -- The Government of India has issued a release:
The Union Cabinet approved the Research, Development and Innovation (RDI) Scheme on 01 July 2025 with the objective of enhancing private sector participation in research and development and strengthening financing support for high-risk, high-impact innovation, including deep-tech startups. The Scheme envisages a corpus of Rs.1 lakh crore over a period of six years and includes provisions for supporting Deep-Tech Funds of Funds.
The RDI Scheme was launched on 03 November 2025 by the Hon'ble Prime Minister. Subsequently, the implementation framework was operationalised through preparation and approval of the Scheme Implementation Guidelines, Special Financial Rules, and issuanc...