Partially Donemedium confidenceTechnology

Set up a Rs 1 lakh crore fund to finance scientific research

Bharatiya Janata Party · Lok Sabha General Election 2024

Last updated 8 Jul 2026

What does this status mean?

Meaningful delivery has occurred, but the stated commitment is incomplete.

Status describes delivery. Confidence describes how strong the available evidence is.

Original manifesto wording

“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

A 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.