Versuchen GOLD - Frei
Centre tops up RDI fund with ₹20,000 crore
Business Standard
|February 03, 2026
Govt to select second-level fund managers by April-May this year
In her ninth Union Budget speech, Finance Minister Nirmala Sitharaman topped up the Research, Development, and Innovation (RDI) fund with a ₹20,000 crore allocation, similar to last year’s budgetary allocation.
Of the ₹23,125 crore earmarked for all the central sector schemes/projects under the Ministry of Science and Technology, the RDI fund accounts for the largest share, according to Budget documents. Of the allocations made for financial year 2026 (FY26), ₹3,000 crore have been used so far, revised estimates showed.
Diese Geschichte stammt aus der February 03, 2026-Ausgabe von Business Standard.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business Standard
Business Standard
Direct fertiliser subsidy transfer very much on table: Expenditure secy
Expenditure Secretary V Vualnam, in a post-Budget interaction with Ruchika Chitravanshi and Asit Ranjan Mishra in New Delhi, speaks about the 2026-27 (FY27) Budget’s focus on fiscal prudence, quality expenditure, and other priorities. Edited excerpts:
3 mins
February 03, 2026
Business Standard
India, US reach trade deal; tariff reduced to 18%
US President Donald Trump on Monday announced his country's much-awaited trade deal with India, reducing the reciprocal tariff on Indian goods to 18 per cent from 25 per cent.
2 mins
February 03, 2026
Business Standard
Budget focus on manufacturing may help boost exports
Several announcements in the FY27 budget, such as a scheme for container production and rationalisation of customs duties, would help boost domestic manufacturing and exports, according to exporters.
1 min
February 03, 2026
Business Standard
Budget boost, price hikes to support cement sector
Cement and steel sectors may witness demand boost, as the Union government allocated %12.2 trillion for capex in its Budget for 2026-27, given they are key commodities for infrastructure projects.
2 mins
February 03, 2026
Business Standard
Reading between the lines beyond STT hike
What Jefferies, Goldman Sachs, others make of the numbers
2 mins
February 03, 2026
Business Standard
Warsh's return revives tensions over US Fed's $6.6 trn QE hangover
KEVIN WARSH’S FOCUS ON TRIMMING THE FED'S MASSIVE BALANCE SHEET HAS STIRRED DEBATE OVER ITS IMPACT ON BORROWING, LIQUIDITY, AND MARKET STABILITY, LEAVING INVESTORS CAUTIOUS
3 mins
February 03, 2026
Business Standard
Disinvestment target
Govt should have a clear road map
2 mins
February 03, 2026
Business Standard
Centre tops up RDI fund with ₹20,000 crore
Govt to select second-level fund managers by April-May this year
2 mins
February 03, 2026
Business Standard
Power sector units plan ₹1 trillion investment in FY27
Nine public enterprises under the power ministry raised their investment commitments to ₹1,01,763 crore, an 18.6 per cent jump compared to FY26 revised estimates (RE) of ₹85,829 crore, according to the Union Budget 2026-27.
1 mins
February 03, 2026
Business Standard
Realty to get indirect push from Budget proposals
Focus on urban development likely to boost growth across asset classes
3 mins
February 03, 2026
Listen
Translate
Change font size
