Research, Development & Innovation (RDI) Fund — Corpus Approved

The RDI Scheme was launched on 3 November 2025 to catalyse private-sector R&D investment across six priority verticals: clean energy, AI/ML, quantum computing, biotechnology, semiconductors, and digital agriculture. Total corpus: ₹1 lakh crore over 6 years, administered by ANRF (Anusandhan National Research Foundation). ₹20,000 crore allocated for FY2025-26 alone. The scheme offers concessional financing, grants, and tax incentives to corporates and startups that invest in deep-tech R&D. India's private R&D spend as % of GDP is ~0.3% vs 2%+ in China and USA — the RDI fund aims to triple private R&D investment by 2031.