Union Budget 2025: Science Ministry gets a hefty hike powered by corpus to finance private R&D
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…