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RDI Fund row: Centre says conflict safeguards go beyond disclosure, recusal
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The Indian Express
“This might be because these companies were among the first to become aware of the RDI Fund, and applied early.
The selected company gets only 50 per cent of its project cost from the RDI Fund.
So, the RDI Fund then releases only a matching amount.
Also, the selection committee members have to disclose not just positive interest but also negative interest.
Story continues below this ad“The RDI Fund is new but the TDB has been supporting private sector technologies for 30 years now.