New Delhi, Dec 13 (UNI) Minister of Science and Technology Jitendra Singh on Saturday said the government’s proposed Rs 1 lakh crore Research, Development and Innovation (RDI) Fund is aimed at boosting private sector participation in high-risk research, intellectual property creation, and technology commercialisation.

Speaking at the RDI Fund Outreach Programme in New Delhi, Singh said the fund would provide long-term financial support to private companies through low-interest loans and equity-linked instruments, seeking to lower the risks associated with deep-tech research and long gestation projects.

According to the minister, the fund departs from traditional public financing models by offering unsecured loans without collateral or guarantees, with interest rates kept below 3%. He sa

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