DST to hire ED at Rs 1.50 cr package

The Department of Science & Technology (DST), Ministry of Science & Technology, is searching for Executive Director, Director Investment, Director Partnerships & Market-Making, Director Finance etc from 1.20 crore to 1.50 crore a consolidated fixed annual compensation to implement Research Development and Innovation Fund (RDIF) scheme. In addition, he/she will be entitled for a long term incentive to be paid after five years of continuous service as ED/RDIF. Notably, the Government of India has approved to set up a ₹1 Trillion Research, Development and Innovation (RDI) scheme aimed at spurring a private sector-driven R&D ecosystem.