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Cabinet Approves ₹1.07 Lakh Cr Job Scheme and ₹1 Lakh Cr R&D Push

By BPN News Desk July 2, 2025
Ashwini Vaishnaw
Government Policies National
In a major economic policy boost, the Union Cabinet on July 1 approved two high-impact schemes aimed at employment generation and technological innovation. The decisions include a ₹1.07 lakh crore Employment Linked Incentive (ELI) Scheme to create formal jobs, and a ₹1 lakh crore Research,
Ashwini Vaishnaw
Business Industry

Cabinet Approves ₹1 Lakh Cr R&D Scheme for Sunrise Sectors

By BPN News Desk July 2, 2025
The Union Cabinet has approved a ₹1 lakh crore Research, Development and Innovation (RDI) scheme to catalyse India’s private sector investment in emerging technologies and strategically critical sectors. The landmark initiative, unveiled on July 1, aims to close the persistent funding gap between breakthrough research and commercially scalable solutions. RDI Scheme

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