Cabinet nods Rs 1 lakh crore Research Development and Innovation Scheme to boost private sector R&D
In a significant policy push to strengthen India’s innovation ecosystem, the Union Cabinet on Tuesday approved a Rs 1 lakh crore Research Development and Innovation (RDI) Scheme to promote research, innovation and private sector participation in strategic and emerging sectors. Information and Broadcasting Minister Ashwini Vaishnaw said the scheme recognises the vital role of the…