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India’s RDI scheme: Overcoming governance bottlenecks for strategic innovation

By: Mani, Sunil.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 60(45), 8 Nov, 2025: p.20-22. In: Economic & Political WeeklySummary: India’s major research, development, and innovation scheme aims to catalyse private sector research and development in strategic and sunrise sectors. While addressing critical capital gaps, the loan-centric model of the scheme imposes repayment burdens misaligned with high-risk R&D and lacks grants for early-stage innovation. The scheme’s complex governance risks inefficiency and misalignment with deep-tech dynamics. Successful outcomes demand radical governance reform towards a technocratic board, strict timelines, and embedding within a broader ecosystem strategy addressing talent and academia–industry links, measured by patents and commercialisation.- Reproduced https://www.epw.in/journal/commentary/indias-rdi-scheme.html
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Articles Articles Indian Institute of Public Administration
60(45), 8 Nov, 2025: p.20-22 Available AR137718

India’s major research, development, and innovation scheme aims to catalyse private sector research and development in strategic and sunrise sectors. While addressing critical capital gaps, the loan-centric model of the scheme imposes repayment burdens misaligned with high-risk R&D and lacks grants for early-stage innovation. The scheme’s complex governance risks inefficiency and misalignment with deep-tech dynamics. Successful outcomes demand radical governance reform towards a technocratic board, strict timelines, and embedding within a broader ecosystem strategy addressing talent and academia–industry links, measured by patents and commercialisation.- Reproduced

https://www.epw.in/journal/commentary/indias-rdi-scheme.html

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