Prime Minister Narendra Modi on Monday (November 3) said India was backing high-risk, high-impact research and development projects while encouraging private investment in this domain to establish itself as a global science and technology powerhouse.

RDI fund to boost private investment in research

Inaugurating the first-ever Emerging Science, Technology and Innovation Conclave (ESTIC), an annual flagship event bringing together policymakers, innovators, and global visionaries, Modi said his government had introduced significant reforms to create a modern ecosystem where innovation can flourish in the country.

Also Read : PM Modi launches Rs 1 lakh cr RDI fund to spur private investment in research

At the Conclave, the prime minister also launched the Rs 1 lakh crore Research, Develo

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