'curl' error is not allowing packages installation in RStudio under renv

I recently upgraded R to 4.0.4 and RStudio to the latest version 1.4.1103.

Steps -

1. Installing packages into system library - Working fine
2. Installing packages within an R Project - Working fine
3. Installing packages into an R Project within renv - Unable to do so. I get the following error:

> install.packages("dplyr")
Error: package 'dplyr' is not available
In addition: Warning message:
curl: (35) schannel: next InitializeSecurityContext failed: Unknown error (0x80092012) - The revocation function was unable to check revocation for the certificate. 

My session info is given below:

R version 4.0.4 (2021-02-15) Platform: x86_64-w64-mingw32/x64 (64-bit) Running under: Windows 10 x64 (build 18363)

Matrix products: default

locale: [1] LC_COLLATE=English_India.1252 LC_CTYPE=English_India.1252 LC_MONETARY=English_India.1252 [4] LC_NUMERIC=C
LC_TIME=English_India.1252

attached base packages: [1] stats graphics grDevices datasets utils methods base

loaded via a namespace (and not attached): [1] compiler_4.0.4 tools_4.0.4 renv_0.12.5

I am wondering why this is happening. Thank you in advance for any help!

I filed a bug report on your behalf here: https://github.com/rstudio/renv/issues/660

That said, this is most likely a duplicate of something like:

curl: Unknown error (0x80092012) - The revocation function was unable to check revocation for the certificate

The revocation function was unable to check revocation because the revocation server was offline

That is, something about how your system / network is configured is preventing curl from functioning normally.