Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Access Denied Business
  • Don’t Know How It’ll Go
    Don’t Know How It’ll Go Nation
  • Rotavirus vaccine: tortured data analyses raise false safety alarm
    Rotavirus vaccine: tortured data analyses raise false safety alarm Science
  • Access Denied Sports
  • Access Denied
    Access Denied Nation
  • Court Gives Relief To Singer Arijit Singh, Says AI Mimicking Voice Violation Of “Personality Rights”
    Court Gives Relief To Singer Arijit Singh, Says AI Mimicking Voice Violation Of “Personality Rights” Nation
  • Access Denied Sports
  • Access Denied Sports
Budget 2023 | ₹16,361 crore allocated for Ministry of Science and Technology

Budget 2023 | ₹16,361 crore allocated for Ministry of Science and Technology

Posted on February 1, 2023 By admin


Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 in the Rajya Sabha on the second day of Budget Session of Parliament in New Delhi on Wednesday.
| Photo Credit: ANI

The Ministry of Science & Technology has received an allocation of ₹16,361.42 crore in the Union Budget, a nominal increase of 15% from the previous budget estimate. Between 2021-22 and 2022-23, the Ministry had received a 3.9% decrease.

The bulk of the hike has gone to the Department of Science and Technology (DST), which has received ₹7,931.05 crore, up 32.1% from last year.

The Ministry of Science & Technology had an important part to play during the COVID-19 pandemic, especially supporting research and innovation on vaccines, medical devices, and drugs.

Also read |Budget 2023 | Nirmala Sitharaman lists 7 priorities

Apart from the DST, it includes the Department of Biotechnology (DBT), which received ₹2,683.86 crore, a nominal hike of 3.9%, and the Department of Scientific and Industrial Research (DSIR), which received ₹5,746.51 crore (1.9%).

Most of the DST’s increase comes from a ₹2,000 crore allocation to the National Research Foundation. The government announced this entity in 2021 with an outlay of ₹50,000 crore over five years to “strengthen the governance structure of the research-related institutions and [to] improve linkages between R&D, academia, and industry”.

The Biotechnology Industry Research Assistance Council (BIRAC) under the DBT, an implementing body under the government’s ‘Mission COVID Suraksha’ in 2020 to develop COVID-19 vaccines and augment vaccine manufacturing, has received a 40% cut.

The Ministry of Earth Sciences has received ₹3,319.88 crore, a hike of 25.11%. While high, this is relatively lower than the previous hike of 40%.

These Ministries and departments are together responsible for promoting, supporting, and translating research in the country and its applications in various sectors.

India’s gross expenditure on research and development (GERD), which includes State government and private-sector investments, has been steadily declining since 2009-2010, making higher public sector investment in R&D a longstanding demand of the national research community.



Source link

Business Tags:Budget 2023, budget 2023 news, budget 2023 science and technology, budget news today, covid 19 resources in india, Department of Science and Technology, how did science and technology help during covid 19, india vaccines, ministry of science and technology, Science & Technology, union budget 2023

Post navigation

Previous Post: Budget 2023 | Defence budget rises 13%; revised estimate for pension rises
Next Post: Budget 2023 | 19.6% hike in sum to Ministry of AYUSH; allocation to Ayurveda institute doubles

Related Posts

  • Access Denied Business
  • Sensex, Nifty close flat amid unabated foreign fund outflows, muted earnings
    Sensex, Nifty close flat amid unabated foreign fund outflows, muted earnings Business
  • Access Denied Business
  • SEBI’s latest framework to administer investment advisers, research analysts | Explained
    SEBI’s latest framework to administer investment advisers, research analysts | Explained Business
  • DGCA serves showcause notice to IndiGo CEO Pieter Elbers
    DGCA serves showcause notice to IndiGo CEO Pieter Elbers Business
  • Access Denied Business

More Related Articles

93% Of Rs 2,000 Notes In Circulation Have Been Returned To Banks: RBI 93% Of Rs 2,000 Notes In Circulation Have Been Returned To Banks: RBI Business
India, US Move Closer To Landmark Trade Deal Business
Access Denied Business
Access Denied Business
Access Denied Business
Nirmala Sitharaman says India’s capacity to absorb external shocks is strong amid global economic transformation Nirmala Sitharaman says India’s capacity to absorb external shocks is strong amid global economic transformation Business
SiteLock

Archives

  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Nicobarese oppose proposal for three wildlife sanctuaries
  • Visakhapatnam Collector calls for inter-departmental synergy to boost investments
  • Kohli’s masterful knock powers Royal Challengers to the top
  • Senior IPS officer Asra Garg posted IGP Intelligence
  • Vijay Narayan earns rare distinction of being Advocate General under two different governments

Recent Comments

  1. StevenLek on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. Leonardren on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. NathanQuins on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. Davidgof on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. NathanJobre on UP Teacher Who Asked Students To Slap Muslim Classmate
  • India in touch with multilateral agencies, U.S. DFC for shipping insurance, to shield impact on fuel supplies
    India in touch with multilateral agencies, U.S. DFC for shipping insurance, to shield impact on fuel supplies Business
  • Trump’s H-1B fee hike: Types of U.S. work visas for Indians
    Trump’s H-1B fee hike: Types of U.S. work visas for Indians World
  • India vs Nepal: Asia Cup 2023 Live Cricket Score, Live Score Of Today's Match on NDTV Sports
    India vs Nepal: Asia Cup 2023 Live Cricket Score, Live Score Of Today's Match on NDTV Sports Sports
  • Access Denied
    Access Denied Nation
  • Yemen’s Houthi Rebels Vow “Military Response” To Israel Escalation
    Yemen’s Houthi Rebels Vow “Military Response” To Israel Escalation World
  • Access Denied Business
  • Access Denied Business
  • Access Denied
    Access Denied Nation

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.