PRISM Scheme by Ministry of Science & Tech

Union Minister for Science & Technology inaugurated the PRISM (Promoting Innovations in Individuals, Startups, and MSMEs) scheme recently.

About PRISM Scheme:

PRISM is an initiative of the Department of Scientific and Industrial Research(DSIR), Ministry of Science and Technology.
To help an individual innovator to become a successful technopreneur.
It promotes, supports, and funds implementable and commercially viable innovations created for society.
Under the initiative, an innovator of Indian nationality – student, professional and common citizen is eligible.
Eligible candidates are provided with technical, strategic, and financial assistance by DSIR-PRISM.
- Assistance is provided in the stages like idea development, prototype development, and pilot scaling and patenting.
The proposals under the scheme will be accepted for the following sectors:
- Green technology
- Clean energy
- Industrially utilizable smart materials
- Waste to Wealth
- Affordable Healthcare
- Water & Sewage Management and
- any other technology or knowledge-intensive area.
Financial Assistance: The grant under the scheme is given in two phases:
- Phase I:
  - Category-I: For proof of concept/prototype/models, a grant amount of around Rs. 2 lakhs to Rs. 20 lakhs.
  - Category II: For fabrication of working model/ process know-how/ testing, a grant amount of around Rs. 2 lakhs to Rs. 20 lakhs.
- Phase II: For Enterprise incubation, a grant amount of a maximum of around Rs.50 lakhs.

Source: PIB

Join Our Telegram

Anti-Defection Law in India

Anti-Defection Law in India

18 Mar, 26
SHARE

The Supreme Court of India recently gave a final three-week deadline to the Telangana Assembly Speaker to decide pending disqualification petitions against defecting MLAs under the Anti-Defection Law. What is the Anti-Defection Law? The Anti-Defection Law was introduced through the 52nd Amendment (1985), which added the Tenth Schedule to the

Rat-Hole Mining

18 Mar, 26
SHARE

A major disaster unfolded in East Jaintia Hills, Meghalaya, when at least 18 workers died following an explosion in an illegally operating rat-hole coal mine. This incident highlights the continued prevalence of rat-hole mining despite bans imposed by the National Green Tribunal (NGT) and the Supreme Court of India. Rat-hole mining is driven

India’s Aviation Sector

17 Mar, 26
SHARE

India’s aviation sector has grown rapidly, becoming a major economic success story. However, regulatory oversight has not evolved at the same pace. Data-driven monitoring of fares and market behavior is essential to ensure fair competition, prevent market abuse, and shift from reactive crisis management to proactive regulation. Challen

Federalism in India

14 Mar, 26
SHARE

Recently, a high-level committee on Union–State relations submitted its first report to the Government of Tamil Nadu. The report examines the distribution of powers and responsibilities between the Union and the States, highlighting ongoing debates regarding the balance between central authority and state autonomy. This discussion is clos

India–UAE Economic Partnership

14 Mar, 26
SHARE

The relationship between India and the United Arab Emirates has evolved from a traditional energy-based partnership into a comprehensive economic and strategic relationship. Over the years, strong political trust, growing trade, and expanding investments have transformed bilateral ties into a diversified economic corridor. The economic partnership