{
  "id": 14156812,
  "title": "Govt picks 19 fund managers for ₹1 trillion RDI scheme",
  "url": "https://urgent.news/2026/10/13/govt-picks-19-fund-managers-for-1-trillion-rdi-scheme",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T08:24:59.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/india-rdi-fund-19-fund-managers-deeptech-investment-11791872160085.html"
  },
  "original_language": "en",
  "account": "The central government's Research, Development and Innovation (RDI) Fund has chosen 19 second-level fund managers (SLFMs) for its inaugural cohort, as announced by the Ministry of Science & Technology. These fund managers have been selected to participate in the ₹1 trillion RDI scheme. The Ministry confirmed the selection of these 19 individuals, although no further details about their backgrounds or the rationale behind their selection were provided in the source material.",
  "summary": "The first cohort includes 14 alternative investment funds and five research organisations, with ₹7,131 crore in commitments approved amid scrutiny of the scheme’s selection process.",
  "key_points": [
    "Central government selects 19 second-level fund managers for RDI scheme",
    "Ministry of Science & Technology announces the inaugural cohort",
    "₹1 trillion allocated for the Research, Development and Innovation scheme"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}