Cabinet Approves Rs 1 Lakh Cr RDI Scheme for Innovation
The Union Cabinet has approved the Research Development and Innovation (RDI) Scheme with a Rs 1 lakh crore outlay to boost private sector R&D in strategic and emerging areas. The scheme offers long-tenure, low-interest funding to support innovation, technology adoption, and competitiveness.Governed by the Anusandhan National Research Foundation, the scheme will include a two-tier fund structure and support deep-tech startups, acquisition of critical technologies, and high TRL projects. ..
India, UAE Discuss Collaboration in Green Steel, Aluminium
Union Steel Minister H.D. Kumaraswamy met UAE’s Economy Minister H.E. Abdulla Bin Touq Al Marri to boost industrial collaboration under CEPA. Key topics included green steel, resource security, and production of high-grade steel and aluminium for automotive and strategic use.Indian PSUs like SAIL, NMDC, and MECON are deepening ties with UAE entities. All have set up offices in Dubai. A joint working group is proposed to streamline trade and logistics, enhancing India’s vision for a resilient global supply chain. ..
SECI Crosses 60 GW in Renewable Power Sale Agreements
The Solar Energy Corporation of India Ltd (SECI) has signed over 60 GW of Power Sale Agreements, marking a major milestone in India's renewable energy progress. The agreements span solar, wind, and hybrid projects, ensuring payment security for developers and boosting investor confidence.Chairman Shri Santosh Kumar Sarangi highlighted SECI’s leadership in the energy transition. SECI will next focus on energy storage, green hydrogen and ammonia, and robust supply chains to meet India's clean energy targets...
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