Union MoS Jitendra Singh Launches First Rs 2,000 Crore BIRAC–RDI Fund to Boost Biotech Sector In February 2026, Union Minister of State(MoS) (Independent Charge, IC) Dr. Jitendra Singh, Ministry of Science & Technology(MoS&T), launched the first Rs.2000 crore national call for the Biotechnology Industry Research Assistance Council (BIRAC) – Research, Development & Innovation (RDI) Fund in New Delhi, Delhi.
- The initiative aims to provide long-term, low-interest financing for high-risk, long-gestation research projects in sunrise sectors like Deep-tech, Artificial Intelligence (AI), and Biotechnology.
About 1st National call for BIRAC-RDI Fund:
Overview: The BIRAC–RDI Fund forms part of the national RDI initiative, which was approved by the Union Cabinet in July 2025 with a total outlay of Rs 1 lakh crore over six years.
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- Following the cabinet approval, the initiative was formally launched in November 2025.
Call: The first national call is now open for startups, Small and Medium Enterprises (SMEs), and industry partners.
Deadline: Interested applicants must submit their proposals through the official portal (biracrdif.org) by the Phase 1 deadline of March 31, 2026.
Maturity: Proposals will be assessed using the TRL scale, focusing on stages ranging from prototype validation in simulated environments (TRL 4–6) to final commercial operations (TRL 7–9).
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