GS3 · S&T

RDI scheme: ₹1 lakh crore corpus for private R&D

Battle IAS current affairs title card: RDI scheme: ₹1 lakh crore corpus for private R&D (GS3 · S&T, 1 July 2025)

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

GS-III Science and technology developments and applications

  1. As per PIB (2025-07-01): the Cabinet approved the Research Development and Innovation scheme with a ₹1 lakh crore corpus.
  2. India's R&D gap is mostly a private-sector gap.
Quotable data point

The 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

Official source: PIB: Cabinet: RDI scheme, 1 Jul 2025

facts from cited sources only; faculty review pending