RDI scheme: ₹1 lakh crore corpus for private R&D
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What happened
- The Cabinet approved the Research Development and Innovation scheme with a ₹1 lakh crore corpus [PIB].
- It gives long-tenor finance or refinance at low or nil interest to spur private R&D in sunrise and strategic sectors [PIB].
Background
- It targets the funding gap for private-sector innovation [PIB].
Why it matters
- India’s R&D gap is mostly a private-sector gap.
How to use this in Mains
- As per PIB (2025-07-01): the Cabinet approved the Research Development and Innovation scheme with a ₹1 lakh crore corpus.
- India's R&D gap is mostly a private-sector gap.
Quotable data pointThe Cabinet approved the Research Development and Innovation scheme with a ₹1 lakh crore corpus.
PIB: Cabinet: RDI scheme, 1 Jul 2025
Exam angle
UPSC
Prelims: RDI corpus.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
RDI scheme corpus
Answer (c) & explanation
PIB.
Go deeper
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Official source: PIB: Cabinet: RDI scheme, 1 Jul 2025
facts from cited sources only; faculty review pending