PARLIAMENT QUESTION: STEPS TO BOLSTER INDIA’S RESEARCH AND INNOVATION ECOSYSTEM

The Union Cabinet approved the Research, Development, and Innovation (RDI) Scheme with an outlay of ₹1 lakh crore over six years.

It aims to incentivize private sector R&D in strategic sectors like AI, quantum, and climate action, supporting deep-tech startups and indigenous development through a Deep-Tech Fund of Funds and targeting projects at TRL 4 and above.