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Explained: Who gets India’s Rs 1-lakh-crore deep-tech fund, and how
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The Indian Express
A Special Purpose Fund (SPF) has been created under ANRF, which is the custodian of money allocated for the RDI Fund.
A possible way forward is deploying scientists and academics from top technology institutions of repute, such as IITs and the IISc, on the Investment Committee.
Another guardrail could be publicly available disclosure declarations by selection committee members.
What kind of loan do selected companies get?
In the first round, the TDB received 124 applications, of which 51 have been evaluated by the investment committee.