Blitz Bureau
NEW DELHI: Prime Minister Narendra Modi on November 3 inaugurated the Emerging Science and Technology Innovation Conclave (ESTIC) 2025 at the Bharat Mandapam. During the event, he also launched the Rs one lakh crore Research, Development and Innovation (RDI) Scheme Fund, aimed at strengthening India’s scientific and technological capabilities. Addressing the gathering, PM Modi said, “Today’s programme focuses on science, but before that, I want to speak about the historic win of the Indian women’s cricket team. The entire nation is proud of them for their remarkable achievement. I congratulate the team and extend my best wishes to all the players who have made India proud.” Referring to India’s recent space success, the Prime Minister added, “Yesterday, ISRO successfully launched the Indian Navy’s GSAT-7R (CMS-03) communication satellite. I congratulate ISRO and all the scientists involved in this mission. Today marks another important milestone for science and technology. There was a need to discuss emerging innovations, and this idea led to the conception of this conclave, which has now become a reality.”
Highlighting India’s growing global presence in innovation, PM Modi said, “It is a proud moment for us to have Nobel laureates among us today. The pace of change in science is no longer linear but exponential. Our Government has launched the Rs one lakh crore RDI Scheme Fund to pave the way for new opportunities in research and development. We aim to promote innovation not only in public institutions but also in the private sector. To build a modern innovation ecosystem, we are emphasising the ‘ease of doing research.’ In this direction, our Government has already reformed financial rules and procurement policies to support scientific growth.”
