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In a transformative step to bolster India’s research and innovation ecosystem, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Research Development and Innovation (RDI) Scheme with a corpus of Rs 1 lakh crore. The scheme aims to provide long-term financing or refinancing with long tenors at low or nil interest rates to spur private sector investment in Research, Development & Innovation. On the show today, we’ll talk about the funding mechanism of the RDI scheme, how it addresses the critical need of private sector for a long-term, affordable financing, fostering self-reliance and global competitiveness. Guests: 1- Prof. Ashutosh Sharma, Former Secretary, Department of Science and Technology, GoI 2- Dr. Ajai Chowdhry, Co-Founder, HCL Anchor: Teena Jha Producer: Sagheer Ahmad Guest Coordinator: Deepti Vashisht, Vinod Kumar Singh, Paras Kandpal Watch the other videos on our playlist: • Perspective Sansad Television is the Parliamentary channel of India. It was created in 2021 by merging Lok Sabha Television and Rajya Sabha Television. Follow us on: -Twitter: / sansad_tv -Insta: / sansad.tv -FB: / sansadtelevision -https://whatsapp.com/channel/0029VanO... -WhatsApp: https://whatsapp.com/channel/0029VanO... - / published Visit Sansad TV website: https://sansadtv.nic.in/