RDI financing and deep-tech innovation
GS III
In the news
A parliamentary reply outlined operationalisation of the Research, Development and Innovation scheme.
Key facts
- The scheme envisages ₹1 lakh crore over six years; TDB and BIRAC were approved as second-level fund managers.
Why it matters for UPSC
Editorial relevance: Patient financing can address high-risk research gaps, but selection and outcome monitoring matter.
Original source: Press Information BureauSource date: 2026-02-11
Mains practice
Why do deep-tech enterprises need specialised financing arrangements?