{"data": {"schema": "publicfeed.update.v1", "id": "PIB-2322295", "url": "https://publicfeed.in/orders/PIB-2322295", "headline": "Government approves ₹7,131 crore for first group of 19 research fund managers", "summary": "The Ministry of Science & Technology announced on 12 October 2026 that the Empowered Group of Secretaries has approved the first cohort of 19 Second Level Fund Managers (SLFMs) for the ₹1 lakh crore Research, Development and Innovation Fund (RDIF). This group consists of 14 Alternative Investment Funds and 5 Focused Research Organisations, with a total commitment of ₹7,131 crore. These managers will provide capital to eligible technology enterprises working at Technology Readiness Level 4 and above. The release does not say when this specific funding takes effect.", "key_points": ["₹7,131 crore committed to the first cohort of 19 fund managers", "Cohort includes 14 Alternative Investment Funds and 5 Focused Research Organisations", "Funds target technology enterprises at Technology Readiness Level (TRL) 4 and above", "Fund managers are expected to mobilise private capital equal to the RDIF contribution", "Five additional technologies were approved for coverage under the RDI Fund"], "issued_date": "2026-10-12", "listing_date": "2026-10-12", "document": {"form": "Press release", "number": "2322295", "type": "Press release", "legal_character": "informational_communication", "functions": ["announces"], "cites": []}, "issuer": "Ministry of Science & Technology", "department": "Ministry of Science & Technology", "source": {"key": "pib", "name": "Press Information Bureau", "site": "pib.gov.in", "official_url": "https://www.pib.gov.in/PressReleseDetail.aspx?PRID=2322295"}, "topics": ["research and development", "innovation funding", "technology"], "reader_topics": ["Government services"], "intent": "updates", "states": [], "national": true, "places": ["India"], "applies_to": ["Eligible Technology Enterprises (ETEs)"], "dates": [{"kind": "event", "date": "2026-10-08", "wording": "October 08, 2026", "what": "Meeting of the Empowered Group of Secretaries (EGoS)", "counts_from": null}, {"kind": "event", "date": "2025-11-01", "wording": "November 2025", "what": "Launch of the Research, Development and Innovation (RDI) Scheme", "counts_from": null}, {"kind": "event", "date": "2026-01-01", "wording": "January 2026", "what": "Launch of the first call for applications from prospective SLFMs", "counts_from": null}], "revision": "7c1d55808435abb2", "recorded_at": "2026-10-12T11:29:08.902900+00:00", "provenance": {"method": "ai_summary", "automated_check": "pass", "human_review": "pending"}}, "meta": {"schema": "publicfeed.update.v1", "count": 1, "next": null, "plan": "free", "feed_updated_at": "2026-10-23T21:40:35.949254+00:00", "generated_at": "2026-10-23T22:05:17+00:00"}, "attribution": "Data: PublicFeed (https://publicfeed.in), summarising official documents linked in each record. Summaries are AI-generated and not legal advice; the official original is the authority.", "license": "https://publicfeed.in/terms#data-licence"}