PARLIAMENT QUESTION: RDI SCHEME

• Research, Development and Innovation (RDI) Scheme: Union Cabinet-approved scheme with a ₹1 lakh crore corpus over 6 years to provide long-tenor, low/nil-interest financing (and equity for startups) to spur private sector R&D in sunrise & strategic sectors.
• Operationalised via a Special Purpose Fund (SPF) parked within the Anusandhan National Research Foundation (ANRF) under a two-tiered funding structure (SPF → Second-Level Fund Managers → industry/startups).
• Relevant for GS-III (Science & Tech, Indian Economy — R&D financing) and GS-II (Government schemes).