Union Minister of Science and Technology Jitendra Singh on Tuesday said that the Technology Development Board's (TDB) Research, Development and Innovation (RDI) Fund marks one of the first initiatives of its kind by the government to directly fund private sector R&D, calling it a major shift
The Central government has announced a major relaxation for deep-tech startups by exempting the mandatory three-year existence condition for recognition under DSIR's Industrial Research and Development Promotion Programme.
Union Minister Dr Jitendra Singh on Friday said that the government has launched a Rs 1 lakh crore Research, Development and Innovation (RDI) Fund to enhance private sector participation in India's innovation ecosystem significantly.
The recently launched Rs 1 lakh crore Research Development and Innovation (RDI) fund, particularly focused on India's private sector, aims to support the private research and innovation mindset among players and mitigate the financial risks associated with it.
Indigenous innovation in SatCom, supported by ISRO's expertise and startup partnerships, is positioning India as a global leader in satellite communication and digital connectivity, Rajkumar Upadhyay, CEO of the Centre for Development of Telematics (C-DOT), told ANI on Wednesday.
According to an official release from the Ministry of Science and Technology, ANRF also adopted the Special Financial Rules and Management Team Position and Compensation, as approved by the Ministry of Finance. The approval marks a significant step forward towards the launch of this trans