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
Number of Awards: 2 (Max.)
Amount of Award: Rs. 5 lakh (Each)
NRDC National Societal Innovation Award of the Year
Number of Awards: 3 (Max.)
Amount of Award: Rs. 3 lakh (Each)
NRDC National Budding Innovators Award of the Year [FOR STUDENTS ONLY]
Number of Awards: 5 (Max.)
Amount of Award: Rs. 1 lakh (Each)
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