Is PM Modi Launching a Rs 1 Lakh Crore Scheme to Enhance R&D in India?
Synopsis
Prime Minister Narendra Modi is poised to launch a groundbreaking Rs 1 lakh crore scheme aimed at revolutionizing India's research and development sector. This initiative promises to bridge the gap between the private sector and innovation, drawing over 3,000 participants to the prestigious ESTIC 2025 conclave. Learn more about this pivotal moment for India's future.
Key Takeaways
Launch of Rs 1 lakh crore RDI Scheme Fund Focus on private sector-driven innovation Gathering of 3,000+ participants Discussions on 11 key thematic areas Platform for young innovators and startups
New Delhi, Nov 3 (NationPress) In a significant advancement for the nation's research and development landscape, Prime Minister Narendra Modi is set to unveil the Rs 1 lakh crore Research Development and Innovation (RDI) Scheme Fund today.
The Prime Minister will inaugurate the Emerging Science and Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam and will address attendees during this pivotal event.
The RDI Scheme Fund is designed to foster a private sector-led research and development ecosystem in India.
The ‘ESTIC 2025’ conclave, scheduled from November 3 to 5, will gather over 3,000 participants, including academia, research institutions, industry representatives, and government officials, alongside Nobel Laureates, distinguished scientists, innovators, and policymakers.
As per a statement from the Prime Minister's Office (PMO), discussions will revolve around 11 critical thematic areas, such as Advanced Materials and Manufacturing, Artificial Intelligence, Bio-Manufacturing, Blue Economy, Digital Communications, Electronics and Semiconductor Manufacturing, Emerging Agricultural Technologies, Energy, Environment and Climate, Health and Medical Technologies, Quantum Science and Technology, and Space Technologies.
“ESTIC 2025 will feature presentations by leading scientists, panel discussions, and technology demonstrations, serving as a platform for collaboration among researchers, industry leaders, and emerging innovators to fortify India’s science and technology framework,” the statement continued.
Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, emphasized that ‘ESTIC 2025’ is an opportunity for young innovators, startups, and researchers to present breakthrough solutions, obtain mentorship, and network with industry stakeholders.
Designed as an outcome-centric forum, ‘ESTIC 2025’ aims to celebrate stakeholder contributions while stimulating collaborations among researchers, entrepreneurs, industry players, and funding organizations.
Point of View
It is essential to recognize the potential impact of the Rs 1 lakh crore RDI Scheme Fund. This initiative not only seeks to bolster research and development but also emphasizes the importance of private sector involvement, which is crucial for fostering innovation. The convergence of academia, industry, and government at the ESTIC 2025 conclave underscores a commitment to collaborative progress in science and technology.
NationPress
12 May 2026
Frequently Asked Questions
What is the purpose of the Rs 1 lakh crore RDI Scheme Fund?
The Rs 1 lakh crore RDI Scheme Fund aims to enhance the private sector-driven research and development ecosystem in India, fostering innovation and collaboration.
When and where is the ESTIC 2025 conclave taking place?
The ESTIC 2025 conclave is scheduled from November 3 to 5 at Bharat Mandapam, New Delhi.
Who will participate in the ESTIC 2025 conclave?
The conclave will host over 3,000 participants, including academics, researchers, industry leaders, and government officials, as well as Nobel Laureates and eminent scientists.
What thematic areas will be discussed at ESTIC 2025?
Discussions will focus on areas such as Advanced Materials, Artificial Intelligence, Bio-Manufacturing, and Quantum Science, among others.
What opportunities does ESTIC 2025 provide for young innovators?
ESTIC 2025 offers a platform for young innovators to showcase their solutions, network with industry leaders, and seek mentorship.
