New Delhi: In a major boost to the research and development ecosystem in the country, Prime Minister Narendra Modi will launch the Rs 1 lakh crore Research Development and Innovation (RDI) Scheme Fund on Monday.

PM Modi is set to inaugurate the Emerging Science and Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam here, and will also address the gathering on the occasion.

The RDI Scheme Fund scheme aims to promote a private sector–driven research and development ecosystem in the country.

The ‘ESTIC 2025’ comclave, to be held from November 3–5, will bring together over 3,000 participants from academia, research institutions, industry and government, along with Nobel Laureates, eminent scientists, innovators and policymakers.

According to a statement by the Prime Minister’s

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