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PM unveils Rs 1-trn RDI fund

New scheme aims to promote R&D with innovation emphasising ease of doing research

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PM unveils Rs 1-trn RDI fund
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4 Nov 2025 10:03 AM IST

New Delhi: Prime Minister Narendra Modi on Monday inaugurated the Emerging Science and Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam. During the event, he also launched the Rs1 lakh crore Research, Development and Innovation (RDI) Scheme Fund, aimed at strengthening India’s scientific and technological capabilities.

Addressing the gathering, PM Modi said: “Today’s programme focuses on science, but before that, I want to speak about the historic win of the Indian women’s cricket team. The entire nation is proud of them for their remarkable achievement. I congratulate the team and extend my best wishes to all the players who have made India proud.”

Referring to India’s recent space success, the Prime Minister added, “Yesterday, ISRO successfully launched the Indian Navy’s GSAT-7R (CMS-03) communication satellite. I congratulate ISRO and all the scientists involved in this mission.

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