What happened (actor, venue, action)?

Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, and MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh, sought enhanced private sector participation in India’s biotechnology ecosystem. He discussed measures with senior officials of the Biotechnology Industry Research Assistance Council (BIRAC) in New Delhi, with a focus on faster commercialisation of indigenous biotechnology innovations.

Background and earlier position: why BIRAC-RDIF matters in biotech innovation financing

BIRAC-RDIF is a biotechnology-focused component within the Government of India’s ₹1 lakh crore Research, Development and Innovation (RDI) Fund. Government information in the PIB communication links this fund to advancing deep-tech innovations and high-impact indigenous manufacturing under the vision of Viksit Bharat 2047.

The PIB communication states that the RDI Fund was launched by the Prime Minister on November 3, 2025, and is managed by the Anusandhan National Research Foundation (ANRF) and the Department of Science and Technology (DST). BIRAC is designated as a Second Level Fund Manager for the biotechnology sector. The BIRAC-RDIF division is set up to ensure ring-fenced implementation of the fund for biotech projects.

What changed now: measures discussed and the operational status of BIRAC-RDIF