India, July 29 -- The Government of India has issued a release:

Financial Year

Scheme wise Budget Allocation (Rs. in Cr)

Fund Utilization (Rs. in Cr)

2023-24

SERB: 1004.5

SERB: 1004.5

2024-25

SERB: 721

SERB: 721

2025-26

SERB: 538.25

SERB: 415.43

2026-27

SERB: 543.25

SERB: 26.01

Partner Organization

Contribution by the Partner Organization (estimated)

Status

Gates Foundation

Rs.450 crore

LoI signed for the first phase.

Wadhwani Foundation

100 Crore

LoI signed

Assorted Industries

45 Crore

Committed in

Qualcomm Technologies Inc.

Rs.90 crore (approximately USD 10 million, i.e., USD 2 million per year for five years).

NVIDIA

In-kind contributions valued at approximately USD 22.5 million, including access to...