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National Research Development Corporation (NRDC) provides Tax Free Cash Awards in the following three categories to stimulate the spirit of inventiveness among the scientific, technical persons, industrial workers, technicians, artisans, craftsman and students in order to recognize the creative talent which could be harnessed to benefit the Nation.


NRDC National Innovation Award of the Year 

  • IP Driven Innovation
  • Premium Innovation
  • Innovation in High Tech Area

Number of Awards: 2 (Max.)

Amount of Award: Rs. 5 lakh (Each)

NRDC National Societal Innovation Award of the Year 

  • Agriculture
  • Environment
  • Rural Milieu
  • Energy
  • Medical
  • Any Other Discipline/ Field/ Area having societal impact/ importance

Number of Awards: 3 (Max.)

Amount of Award: Rs. 3 lakh (Each) 

NRDC National Budding Innovators Award of the Year  [FOR STUDENTS ONLY]

  • Student(s) registered for Bachelors or Masters in Academic or Research Institutions, Universities or affiliated Colleges at the time of applying.
  • Maximum age limit is 28 Years
  • The application should be forwarded through Head of the Institution 

Number of Awards: 5 (Max.)

Amount of Award: Rs. 1 lakh (Each)