BIRAC–RDI Fund: ₹2,000 Crore for Biotech and Deep-Tech
Why in the news
Dr. Jitendra Singh, Union Minister of State, opened a ₹2,000 crore fund under BIRAC–RDI to finance risky research in biotechnology, AI and other deep-tech areas.
Key facts
- Size: ₹2,000 crore.
- Parent scheme: the RDI initiative, cleared in 2025, outlay ₹1 lakh crore.
- Open to: startups, SMEs and industry partners.
- Screening: proposals judged on the TRL scale.
Exam angle
- Fund: BIRAC–RDI; worth ₹2,000 crore.
- TRL is the assessment scale; the wider RDI plan carries ₹1 lakh crore.