Sarkari Yojana
Research, Development & Innovation (RDI) Scheme
About Research, Development & Innovation (RDI) Scheme
The Research, Development & Innovation (RDI) Scheme is a flagship initiative run by the Department of Science and Technology (DST) under the Ministry of Science and Technology, Government of India. OBJECTIVES • Approved by the Cabinet on 1st July 2025 with a total outlay of ₹1 lakh crore, the RDI Scheme was launched by DST to give a fresh push to research funding. • It seeks to draw greater private-sector participation into high-impact R&D, build up India’s strength in strategic technologies, and foster technological self-reliance in line with the country’s long-term innovation goals and the Atmanirbhar Bharat vision.
Scheme Overview
Central Government
Ministry Of Science And Technology
Individual
Scheme Details
Eligibility Requirements
To qualify for Research, Development & Innovation (RDI) Scheme, applicants must satisfy the following conditions:
Funding under the RDI Fund flows first to…
Funding under the RDI Fund flows first to Second Level Fund Managers (SLFM), a category that covers Alternative Investment Funds (AIFs), Development Finance Institutions (DFIs), Non-Banking Financial Companies (NBFCs), and Focused Research Organisations (FROs).
These SLFMs, in turn, channel the funds to…
These SLFMs, in turn, channel the funds to private companies, including DPIIT-recognised startups, that are working on RDI-intensive technologies.
Benefits Provided
Research, Development & Innovation (RDI) Scheme provides the following benefits to eligible applicants:
Loan – The SLFM can extend debt funding,…
Loan – The SLFM can extend debt funding, either as a straight loan or as optionally convertible debt, amounting to 50% of the project cost.
Equity – Alternatively, funding can be provided via…
Equity – Alternatively, funding can be provided via equity or equity-linked instruments from the SLFM, amounting to 50% of the value of each funding round.
Documents Required
Applicants should keep the following documents ready before starting the application:
Certificate of Incorporation or Registration
Certificate of Incorporation or Registration
SEBI Registration Certificate (applicable to AIFs)
SEBI Registration Certificate (applicable to AIFs)
Trust Deed, LLP Agreement, or Memorandum and Articles…
Trust Deed, LLP Agreement, or Memorandum and Articles of Association, as applicable
Audited financial statements
Audited financial statements
Investment thesis or investment strategy document
Investment thesis or investment strategy document
Undertaking signed by the authorized signatory
Undertaking signed by the authorized signatory
Declaration of conflict of interest
Declaration of conflict of interest
Record of past investments or fund performance
Record of past investments or fund performance
Profile of the key management team
Profile of the key management team
PAN card of the applicant entity
PAN card of the applicant entity
How to Apply
Online Application
Applicants can apply for Research, Development & Innovation (RDI) Scheme through the online application process outlined below.
Head to the RDIF portal, sign up with…
Head to the RDIF portal, sign up with your email ID and mobile number, verify the account, and then log in.
Open the Application section, where a draft application…
Open the Application section, where a draft application is already generated by the system, and choose your Preferred Mode of Participation along with the applicable Category (AIF/FoF).
Enter all the necessary information — organization details,…
Enter all the necessary information — organization details, fund particulars, key personnel, investment strategy, and any other mandatory fields.
Attach every required supporting document in the specified…
Attach every required supporting document in the specified format, making sure each one meets the portal's requirements.
Go through the application once more to verify…
Go through the application once more to verify the entries, confirm all mandatory fields are complete, and submit it online.
Make a note of the application reference number,…
Make a note of the application reference number, and use the portal login to track the status or respond to any clarification requests or requests for additional documents. User Manual
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.