<h1>India Launches Innovation Fund to Support Marginalized Communities in Education, Health, and More; Rs. 500 Crore Target.</h1> The National Innovation Council of India is launching the India Inclusive Innovation Fund (IIIF) to finance innovations addressing the developmental needs of India's most marginalized 500 million citizens. The fund will focus on sectors such as education, health, energy, agriculture, water, and sanitation, aiming to generate both social and commercial returns. The Government of India will provide seed investment, not exceeding 20% of the total corpus, with additional funding from public and private sectors. The initial target for the fund is Rs. 500 crore, with future expansion contingent on further institutional support.