Department of Pharmaceuticals opens second call under ₹5,000 crore PRIP scheme
On 28 August 2026, the Department of Pharmaceuticals announced the second call for applications under the ₹5,000 crore Promotion of Research and Innovation in Pharma & MedTech (PRIP) scheme.
Summary
The Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, announced the second call for applications under the Promotion of Research and Innovation in Pharma & MedTech (PRIP) scheme on 28 August 2026. The scheme has an outlay of ₹5,000 crore and was launched in 2023 to strengthen pharma and MedTech R&D. Early-stage projects of startups and MSMEs at Technology Readiness Level (TRL) 1–3, aiming for up to TRL 5, can get up to ₹5 crore each. Later-stage projects at TRL 4–6 can get up to ₹100 crore each, limited to 35% of the approved project cost.
Key facts
- Scheme
- Promotion of Research and Innovation in Pharma & MedTech (PRIP)
- Ministry
- Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers
- Outlay
- ₹5,000 crore; launched 2023
- Early stage
- TRL 1–3 to max TRL 5; up to ₹5 crore per project
- Later stage
- TRL 4–6; up to ₹100 crore, max 35% of project cost
Practice MCQs 3 questions
What is the financial outlay of the PRIP scheme for pharma and MedTech research?
Show answer
Correct answer: D — ₹5,000 crore
The Promotion of Research and Innovation in Pharma & MedTech (PRIP) scheme has an outlay of ₹5,000 crore.
The PRIP scheme is administered by which ministry/department?
Show answer
Correct answer: A — Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers
PRIP is run by the Department of Pharmaceuticals under the Ministry of Chemicals and Fertilizers.
Consider the following statements about the PRIP scheme's second call (August 2026): 1. Early-stage projects of startups and MSMEs can receive up to ₹5 crore per project. 2. Later-stage projects can receive up to ₹100 crore, with no limit on the share of project cost. Which of the above is/are correct?
Show answer
Correct answer: A — 1 only
Statement 1 is correct. Statement 2 is wrong: later-stage assistance of up to ₹100 crore is capped at 35% of the approved project cost.