PM Launches ₹1 Lakh Crore RDI Scheme, 25,000 New Atal Labs
In a major boost to India’s innovation ecosystem, Prime Minister Narendra Modi on 3 November 2025 launched the ₹1 lakh crore Research, Development and Innovation (RDI) Scheme during the Emerging Science, Technology and Innovation Conclave (ESTIC) 2025 at Bharat Mandapam, New Delhi. This transformative initiative focuses on supporting high-risk, high-impact research projects, strengthening India’s innovation capacity, and accelerating the nation’s transition into a global science and technology leader.
The RDI scheme aims to address one of India’s core challenges in the innovation pipeline—adequate funding for cutting-edge R&D. With a ₹1 lakh crore capital infusion, the scheme is designed to,
Prime Minister Modi emphasized that the government has rolled out new incentives, regulatory reforms, and supply-chain support to accelerate the journey from “lab to market.”
To further reinforce India’s research backbone, the Prime Minister also announced an additional 10,000 PM Research Fellowships (PMRFs) over the next five years.
These fellowships will support young researchers and PhD scholars, offering them financial and institutional support to pursue advanced scientific work, particularly in strategic and emerging sectors like,
The fellowships are a part of the larger vision to develop a robust knowledge economy anchored in cutting-edge innovation.
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