Lok Sabha Question No. 4377 (UNSTARRED), answered on 2025-08-20
Subject: RDI Scheme in Madhya Pradesh
Ministry: SCIENCE AND TECHNOLOGY
Asked by: Shri Vijay Baghel, Smt. Mahima Kumari Mewar, Shri Mahendra Singh Solanky, Shri Janardan Singh Sigriwal

## MINISTRY OF SCIENCE AND TECHNOLOGY DEPARTMENT OF SCIENCE AND TECHNOLOGY

## GOVERNMENT OF INDIA LOK SABHA

UNSTARRED QUESTION NO. 4377 ANSWERED ON 20/08/2025

## RDI SCHEME IN MADHYA PRADESH

4377. SHRI MAHENDRA SINGH SOLANKY:

SMT. MAHIMA KUMARI MEWAR:

SHRI VIJAY BAGHEL:

SHRI JANARDAN SINGH SIGRIWAL:

Will  the  Minister  of  SCIENCE  AND  TECHNOLOGY  be pleased to state:

- (a) the main objectives and the current status of the Research, Development and Innovation (RDI) Scheme;
- the  nodal  department  responsible  for  implementation  of the said scheme in Madhya Pradesh especially in the Lok Sabha
- (b) Constituency of Dewas-Shajapur; and
- (c) the details of the funding mechanism of the said scheme and  the  manner  in  which  it  will  benefit  the  Dewas-Shajapur region in Madhya Pradesh?

## ANSWER

MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF SCIENCE AND TECHNOLOGY AND EARTH SCIENCES (DR. JITENDRA SINGH)

विज्ञान और प्रौद्योगिकी तथा पृ थ्िी विज्ञान मंत्रालय क े राज्य मंत्री ( स्ितंत्र प्रभार) ( डॉ. जितेंद्र स ंह )

- (a) The  main  objectives  of  the  Research,  Development  and Innovation (RDI) scheme are to 1) encourage the private sector to  scale  up  research,  development  and  innovation  (RDI)  in sunrise  domains  and  in  other  sectors  relevant  for  economic security, strategic purpose, and self-reliance, 2) finance transformative projects at higher levels of Technology Readiness Level (TRL) of 4 and above, 3) support acquisition of

technologies which are critical or of high strategic importance, and  4)  facilitate  setting  up  of  Deep-Tech  of  Funds.  The  RDI Scheme, with a total outlay of ₹1 lakh crore over a period of 6 years, was approved by the Union Cabinet on July 1, 2025. The implementation framework  for the scheme  is currently under development.

- (b) Department of Science and Technology is the nodal department responsible  for  the  implementation  of  the  scheme  across  the country.
- (c) The scheme will be operationalized through a Special Purpose Fund  (SPF)  within  the  Anusandhan  National  Research  Foundation (ANRF) using a two-tiered funding mechanism:
-  First level: SPF within ANRF as the first custodian of fund;
-  Second  level:  The  implementation  of  the  scheme  shall  be done  by  2nd  level  fund  managers.  The  2nd  Level  Fund Manager can be in the nature of: Alternate Investment Fund structure (AIF), Development Finance Institutions (DFIs), NonBanking Finance Corporation (NBFC) and Focused Research Organization  (FRO),  e.g.  Technology  Development  Board (TDB), Biotechnology Industry Research Assistance Council (BIRAC), IIT Research Park etc.

Funding  will  be  available  in  the  form  of  unsecured  long-term loans at low or nil interest rates on a competitive basis across the country, benefiting stakeholders nationwide. In select cases, be undertaken. Contribution to Deep-Tech Fund of Funds (FoF) or other equity-based financing particularly for startups, may also RDI-focused FoFs may also be considered.

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