Fri Dec 26 09:37:38 UTC 2025: Okay, here’s a summary and news article based on the provided text:

Summary:

The Indian government is providing a massive, interest-free loan of Rs 1 lakh crore ($12 billion) to the Anusandhan National Research Foundation (ANRF). This unprecedented investment aims to significantly boost research and development activities within the private sector in India.

News Article:

India Invests $12 Billion in Interest-Free Loan to Spur Private Sector R&D

New Delhi, India – In a landmark move, the Indian government has pledged Rs 1 lakh crore ($12 billion) in interest-free loans to the Anusandhan National Research Foundation (ANRF). This unprecedented investment marks the first time the government has extended such a substantial, interest-free loan specifically to bolster research and development (R&D) efforts within the private sector.

The initiative is designed to “turbocharge” innovation and technological advancements across various industries in India, encouraging companies to invest more heavily in R&D. The ANRF, established to fund and promote research across diverse fields, will be responsible for managing and distributing the funds.

“This is a game-changer for the Indian R&D landscape,” said a government spokesperson. “By removing the burden of interest payments, we’re empowering the private sector to take greater risks and pursue ambitious research projects that can drive economic growth and create jobs.”

Analysts believe the move could significantly boost India’s global competitiveness by fostering a more innovative and technologically advanced business environment. The investment is expected to have a ripple effect, attracting further private investment and accelerating the development of cutting-edge technologies within the country. The grant is one of a kind and sets the nation forward for future technology advancements.

The details of the loan disbursement and specific focus areas for research will be announced by the ANRF in the coming weeks.

Read More