Government of India launches Rs 1 lakh crore RDI Scheme for research and innovation
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
The Government of India launched the Recovery and Development Initiative (RDI) Scheme, which is valued at Rs 1 lakh crore. The Empowered Group of Secretaries approved the first group of 19 Second Level Fund Managers on October 8, 2026. This initial cohort includes a commitment of Rs 7,131 crore. Five research organizations, including Centre for Cellular and Molecular Platforms, were approved to channel funding to eligible technology enterprises.
From jagranjosh.com
Why it matters
The RDI Scheme is designed to channel funding toward eligible technology companies and research projects in India. Five research organizations, such as Centre for Cellular and Molecular Platforms, will help distribute the funding. This initiative supports research and innovation within the country.
From jagranjosh.com
Who's involved
- Narendra ModiLaunched the Recovery and Development Initiative (RDI) Scheme.
- Centre for Cellular and Molecular PlatformsApproved as one of five Focused Research Organisations under the RDI Scheme.
- Government of IndiaLaunched and approved the Recovery and Development Initiative (RDI) Scheme.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Centre for Cellular and Molecular PlatformsSpeculative
Centre for Cellular and Molecular Platforms might see increased funding for research and innovation projects.
Keep exploring
The entities involved
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Narendra Modi
Prime Minister of India since 2014
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Centre for Cellular and Molecular Platforms
organization
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