PM Modi Unveils ₹1 Lakh Crore RDI Scheme to Propel India’s…

Sarah J · 2025-11-05T12:16:46.000Z

Prime Minister Narendra Modi launched the ambitious ₹1 lakh crore Research, Development, and Innovation (RDI) Scheme at the Emerging Science, Technology, and Innovation Conclave (ESTIC) 2025 in New Delhi. This transformative initiative aims to bolster India’s innovation ecosystem by funding high-risk, high-impact research in cutting-edge fields such as artificial intelligence, advanced semiconductor chips, and next-generation manufacturing. The scheme seeks to attract significant private sector investment, facilitate long-term financing, and ease regulatory processes to fast-track the journey from laboratory prototypes to commercial products. Modi also announced an expansion of Atal Tinkering Labs, increasing from 10,000 to 35,000 labs nationwide, nurturing grassroots innovation among school children. Additionally, 10,000 new Prime Minister Research Fellowships will provide financial and institutional support to young researchers focused on strategic and emerging sectors, further strengthening India’s R&D infrastructure. This initiative marks a critical step towards establishing India as a global science and technology powerhouse by 2047.

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PM Modi Unveils ₹1 Lakh Crore RDI Scheme to Propel India’s… | SEINET