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Startup And Fundraising 3 August 2026

India Launches 1L Crore RDI Scheme

The government has operationalized the ₹1L crore RDI scheme with ₹20000cr allocated for FY27 to promote India's linguistic, cultural, and socioeconomic diversity through biotechnology research innovation and entrepreneurship, the scheme aims to foster growth and development in the country

The government has launched the 'Biotechnology Research Innovation and Entrepreneurship' scheme as part of the ₹1L crore RDI scheme. Key aspects of the scheme include:
- ₹20000cr allocated for FY27
- Focus on promoting India's linguistic, cultural, and socioeconomic diversity through biotechnology research innovation and entrepreneurship.
The scheme aims to foster growth and development in the country by encouraging research and innovation in the field of biotechnology.

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