- Government launches Rs 3 Lakh Crore schemes focused on research, jobs, and startups.
- Rs 1 Lakh Crore set aside for research and innovation with strong support for Indian researchers.
- Rs 2 Lakh Crore employment program offering incentives to employers and skill development for job seekers.
Under PM Modi’s leadership, the government has started the PM Modi Rs 3 Lakh Crore Schemes for Research, Employment and Startups to speed up research, create more jobs, and boost India’s startup scene. This big investment includes a Rs 1 lakh crore scheme to promote research and innovation, and a Rs 2 lakh crore program to generate employment. These efforts aim to help Indian innovators, create jobs, and support new startups, especially in tech and manufacturing sectors.
Looking into the Rs 3 Lakh Crore Investment in Research and Innovation
The government’s focus on supporting research, development, and innovation is clear with its Rs 1 lakh crore scheme. This scheme aims at increasing scientific and technological improvements across India, encouraging researchers and innovators to take on projects that can drive growth in the country.
Main Features of the Research and Development Scheme
This scheme provides a lot of funding to sectors like biotechnology, information technology, clean energy, healthcare, and agriculture. The goal is to create a lively environment where research can grow, leading to innovations that meet both local needs and global markets. Funds are given through grants, partnerships with universities, and support for startups working on new technologies.
Benefits for Researchers and Innovators
Researchers and innovators get direct financial grants and access to advanced resources with this scheme. It also offers mentoring and chances to work with industries and academic groups. This helps move research from the lab to market-ready products, encouraging more people to contribute to India’s scientific progress.
Job Creation through the Rs 2 Lakh Crore Scheme
The Rs 2 lakh crore employment scheme focuses on creating jobs by offering incentives for hiring and providing skill development across many sectors. The program aims to help employers, especially startups and MSMEs, create more jobs and improve the workforce’s skills.
How the Employment Incentive Scheme Works
Employers get monetary rewards for hiring new talent, especially young people and women. The scheme also supports skill training programs so workers can gain the needed qualifications. Startups and small businesses receive financial help to grow their teams, which reduces unemployment and supports entrepreneurial growth.
Also Read – Employment Linked Incentive Scheme 2025 – 3.5 Crore Jobs Coming Soon
Opportunities for Job Seekers and Interns
Job seekers and interns can benefit from government-run skill development programs and internships connected to this scheme. These programs offer practical training that helps people make a smooth transition from education to work. This improves their chances of getting good jobs in today’s competitive market.
Boosting the Startup Scene
By combining research funding and job creation efforts, these schemes create a strong base for startups to grow. The focus on tech and manufacturing startups helps India become a global center for innovation.
Support for Entrepreneurs and Tech Startups
Entrepreneurs get financial help, mentoring, and access to infrastructure support. These measures reduce startup challenges like funding gaps and operational issues. Special focus is on tech startups that can change industries and add a lot to the national GDP.
The Role of Bengaluru and India’s Tech Hubs in the Economy
Bengaluru, called a “jewel in the crown” by Union Minister Piyush Goyal, plays a key role in India’s tech innovation scene. Its global capability centers and lively startup culture contribute greatly to the economy. These hubs act as engines that drive economic growth, innovation, and employment under these government schemes.
These wide-ranging government plans under the PM Modi Rs 3 Lakh Crore Schemes show a strong commitment to India’s future in research, jobs, and startups. By supporting innovators and creating jobs in key sectors, the schemes aim to promote steady economic growth and development.
| Scheme Aspect | Details |
|---|---|
| Total Investment | Rs 3 Lakh Crore |
| Research and Innovation | Rs 1 Lakh Crore |
| Employment Generation | Rs 2 Lakh Crore |
| Focus Areas | Research, innovation, skill development, startups, employment |
| Government Contact | https://www.india.gov.in |