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Set up a Rs 1 lakh crore fund to finance scientific research
Bharatiya Janata Party · Lok Sabha General Election 2024
Last updated 5 Jun 2026
“We will set up an Anusandhan Fund with an investment of ₹1 lakh crore to provide loans to promote scientific research.”
From the Bharatiya Janata Party manifestoView Manifestop.65
Our Assessment
mediumA Rs 1 lakh crore corpus to finance private-sector-driven research, development and innovation was announced in the Union Budget 2024-25, and the Cabinet approved the Research, Development and Innovation (RDI) Scheme in 2025 to provide long-term, low/nil-interest financing for sunrise sectors and deep-tech, operationalised through ANRF’s funding mechanisms. The fund/scheme has been set up; disbursement at scale is in early stages. Partial.
Promise Timeline
23 Jul 2024
Union Budget 2024-25 announces a Rs 1 lakh crore corpus to finance private-sector research and innovation (long-term low-interest financing).
View sourceSources & Evidence
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