Updated On: 03 November, 2025 12:35 PM IST | Tarun Verma
Prime Minister Narendra Modi unveiled the Rs 1 lakh crore Research, Development and Innovation (RDI) Fund to encourage private investment in R&D at the Emerging Science, Technology and Innovation Conclave 2025 (Pics/PTI)

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The Prime Minister also launched the Research, Development and Innovation (RDI) Fund at the first-ever Emerging Science Technology and Innovation Conclave (ESTIC) that brings together policy makers, innovators and global visionaries to drive the government`s Viksit Bharat 2047 vision
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Modi also launched a coffee table book on the scientific achievements of India and a vision document for science and technology

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At the first level, a Special Purpose Fund (SPF) will be established within the Anusandhan National Research Foundation (ANRF), which will serve as the custodian of the Rs one lakh crore corpus
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On Monday, PM Modi, while launching the research fund at the Emerging Science, Technology and Innovation Conclave 2025, asserted that when science meets scale, when innovation becomes inclusive, when technology drives transformation, the foundation for great achievements is laid

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PM Modi at the event said that his government is focusing on Ease of Doing Research so that a modern ecosystem of innovation can flourish in India
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