MeitY is rewriting R&D guidelines following parliamentary demands for grassroots tech research. FY27 R&D allocation remains flat at ₹1,248.33 cr (FY26: ₹1,249.75 cr). The overhaul introduces flexible, industry-linked rules including challenge grants, milestone payouts, PPP models, and clearer IP ownership, addressing industry complaints about rigid terms in the Multiplier Grants Scheme. Key schemes: TIDE 2.0, GENESIS, and SAMRIDH. #Policy #R&D