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In a quest to boost private sector research and development in India, the Union Budget has allocated ₹20,000 crore to the Ministry of Science and Technology (MoST) for “research, development and innovation”, which several scientists have described as “historic”. Typically, the Ministry’s annual budget has averaged around ₹6,000 crore to ₹8,000 crore. “This is a…
The executive and governing boards of the Anusandhan National Research Foundation (ANRF) — a high-level body conceived to give strategic direction to scientific research in India — has no representation from Indian industry, suggests a perusal of the list of members made public by the Ministry of Science and Technology (MoST) earlier this week. There…
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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…
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