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Research, Development and Innovation … — Govt Scheme for UPSC | Vaidra
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Research, Development and Innovation Scheme

Ministry of Science and TechnologyApproved — ₹1 lakh crore outlayScience and TechnologyLaunched: 2026-07-29
AI-verified from 2 source articles.
View sources
·

About the Scheme

A six-year government initiative designed to fund private-sector research and development through a mix of low-interest loans and equity-linked instruments, specifically targeting deep-tech projects and indigenous technology development.

Target Beneficiaries: Private-sector R&D entities and deep-tech projects

✦Key Features

  • Six-year duration
  • ₹1 lakh crore outlay
  • Implementation through TDB and BIRAC
  • Utilization of Second-Level Fund Managers (SLFMs)
  • Support for Technology Readiness Level (TRL) 4+ projects
  • Risk-assessment framework distinct from commercial lending

★Benefits

  • Low-interest, long-term loans
  • Equity and equity-linked instruments
  • Long-term low-cost financing for deep-tech

₹ Budget Allocation

₹1 lakh crore

Exam Relevance

GS Paper: GS3

Prelims Relevance2%
Mains Relevance3%

Sector Tags

Science & TechnologyInnovationDeep-techIndustrial Policy

Source Articles

This scheme was AI-promoted and verified against the following source articles.

  • Union Cabinet Approves ₹1 Lakh‑Crore RDI Scheme; TDB & BIRAC Receive ₹2,000 Crore Funding
  • Research, Development & Innovation (RDI) Scheme Launched with ₹1 Lakh Crore Outlay – Key Details for UPSC