Skip to content
CACA·WikiThe living current-affairs record
--:--:--to drop
Sign in
Government Schemesv2 · 2 versions

RDI Scheme — Rs 1 Lakh Crore for Private R&D

In July 2025 the Union Cabinet cleared a Rs 1 lakh crore Research, Development and Innovation Scheme — the government's largest bet yet on nudging India's private sector into spending on research. Rather than hand out grants, it lends cheap, long-tenor money through a fund-of-funds structure anchored in the Anusandhan National Research Foundation, steering capital toward deep-tech and strategic sunrise sectors where private financiers have stayed cautious. In August 2026 the government set out the conflict-of-interest rules and the voting thresholds behind its first round of awards.

Last updated 7 August 20268 min read
Latest update
The government has answered the conflict-of-interest questions hanging over the fund. On 7 August 2026 the Department of Science and Technology, the Technology Development Board and the ANRF said each award is cleared by an Investment Committee of independent outside experts on a supermajority vote, with disclosure and full recusal mandatory, no vote for the board's member secretary, and no proposals accepted at all from a firm a committee member owns. The first round backed 22 deep-science companies; support goes to named projects against matching private investment, never to companies as such. The card is also restructured for faster reading, with no factual change to earlier content.

Read the full living note — free

The complete note in both exam lenses (UPSC analytical / fact capsule), its full version history, and “what changed since you last read” — plus tonight's quiz.

Open in CA·Wiki

AI-assisted, human-reviewed · sourced from PIB, RBI & ministries · editorial policy

More living notes in Government Schemes

Browse all topics →

RDI Scheme — Rs 1 Lakh Crore for Private R&D — Government Schemes current affairs | CA·Wiki