?20,000 crore allocated to DST to kickstart ?1 lakh crore research and development fund

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Fri, February 7, 2025

[ Fri, Feb 07th ] - MSN

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India to Launch Chandrayaan-4 in 2027, Union Minister Jitendra Singh

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[ Thu, Feb 06th ] - NDTV

Chandrayaan-4 To Launch In 2027: Union Minister Jitendra Singh

Wed, February 5, 2025

[ Wed, Feb 05th ] - sinchew

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[ Wed, Feb 05th ] - ABC

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[ Wed, Feb 05th ] - Newsweek

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[ Wed, Feb 05th ] - Sky

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[ Wed, Feb 05th ] - MSN

KCB Bank advertises several top managerial jobs for Kenyans in February 2025, how to apply

Tue, February 4, 2025

[ Tue, Feb 04th ] - Yahoo

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Sat, February 1, 2025

[ Sat, Feb 01st ] - MSN

Union Budget: 10,000 additional medical seats, 6,500 more in IITs in edu push

[ Sat, Feb 01st ] - cnbctv18

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[ Sat, Feb 01st ] - NDTV

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[ Sat, Feb 01st ] - Mint

?20,000 crore allocated to DST to kickstart ?1 lakh crore research and development fund

[ Sat, Feb 01st ] - Forbes

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[ Sat, Feb 01st ] - NDTV

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[ Sat, Feb 01st ] - MSN

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Fri, January 31, 2025

[ Fri, Jan 31st ] - news10nbc

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[ Fri, Jan 31st ] - CNN

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?20,000 crore allocated to DST to kickstart ?1 lakh crore research and development fund

_{//science-technology.news-articles.net/content/2 .. -1-lakh-crore-research-and-development-fund.html}
^{Published in Science and Technology on Saturday, February 1st 2025 at 9:42 GMT by Mint}

New Delhi, Feb 1 (PTI) Signalling a commitment to research and development, Union Finance Minister Nirmala Sitharaman on Saturday allocated â‚¹ 20,000 crore to the Department of Science and Technology as a corpus for a fund to promote private sector-driven innovation.

The Indian government has allocated Rs 20,000 crore to the Department of Science and Technology (DST) to initiate a Rs 1 lakh crore research and development fund aimed at fostering innovation and self-reliance in critical technology areas. This fund, announced by Finance Minister Nirmala Sitharaman during the 2024-25 interim Budget, will be managed by a new entity called the India Science and Technology Innovation Fund (ISTIF), which will operate under a public-private partnership model. The initiative seeks to enhance India's capabilities in deep-tech sectors, with a focus on areas like defense, health, and agriculture. The fund will be disbursed over five years, with the government contributing Rs 1 lakh crore, and the expectation is that this will attract additional investments from private sectors, both domestic and international. The move is part of a broader strategy to boost India's research and development ecosystem, encouraging innovation and reducing dependency on foreign technology.

Read the Full Mint Article at:
[ https://www.livemint.com/companies/news/rs-20-000-crore-allocated-to-dst-to-kickstart-rs-1-lakh-crore-research-and-development-fund-11738420225997.html ]

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