Good News for all Indian Researchers by Government

Funding for research has doubled from Rs 2,500 crore to Rs 5,000 crore

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Speaking at the Global R&D Summit 2017, organised by Department of Science and Technology (DST), Government of India and Ficci, on Thursday, DST Secretary Ashutosh Sharma said that the Centre has decided to increase research funding from the current 1% of GDP to 2% from this year onwards, increase the research funding is primarily to focus on innovation.

Speaking at the Global R&D Summit 2017, organised by Department of Science and Technology, Government of India and Ficci, on Thursday, Sharma said that increase in the research funding is primarily to focus on innovation. journalban

“Funding to DST has doubled from Rs 2,500 crore to Rs 5,000 crore over the past two-and-a-half years. India plans to become the third largest R&D hub in the world, after China and US,” he said.

Sharma said that the number of research papers will increase with a focus on result-oriented R&D. “A few years ago, we were at the 12th place in publishing research papers and now we are in the sixth position. Within one-and-a-half years we will reach the fifth position and within seven years we will become third after the US and China,” said DST Secretary.

Commenting on India’s High-Performance Computing, he said the government has already invested $700 million in it. “We will have a total of 50 HPCs and this initiative started last year. This year, six HPCs will be commissioned, and out of which, two will be in Bengaluru (at IISc and JNCASR). Next year, it will be doubled — 10 or 12 will be commissioned,” he said.

peerscientist_t-shirtThe summit opened in Bengaluru, with an aim to explore the potential of research and development in catalysing economic cooperation and social development.

A Ficci — Edelman Knowledge papers on ‘Towards Making Bengaluru as R&D Capital of India’ and ‘Harnessing Private Sector Investment in R&D’ were also released on the occasion.

“Karnataka offers a very attractive proposition for global players to set up their R&D operations in the state. It gives access to a huge market, and a very talented base of scientists and engineers, who cost much lesser than their western counterparts. This talent pool will still remain young over the next two decades, while others like China would have an ageing working population by 2030,” according to the report.

Source: DeccanHerald

However, today (August 17, 2017) it has come to our notice from a source that Prof. Ashutosh Sharma reacted to this news and said that he has been wrongly quoted. According to the source, Prof. Sharma further clarified that “I had only said that it was a longstanding wish and demand to increase funding for science from nearly 1% of GDP to 2% of GDP”. “And who am I to announce this increase in funding by the government.”

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5 Comments

  1. Dr Gautam Kaul says

    Looks Good

  2. Sameer giri says

    standard of research must be important, I have seen professors does PhD only for increment,only to save job.also reservation criteria does impact,latest news I read that 0 marks obtainers from reserve catogery should be qualified in DU for PhD,If we want really want standard research then should be allowed only around 50 prestigious institution for research/PhD in India under tough task with full job security.And need to focus on market friendly researches with full support of gov…

  3. Bimal Mohanty says

    Right steps to march-on for Global Leadership in Science & Technology. ‘Make in India’ should be the Mantra to showcase our innovations and that could be for the domestic market, as we have a huge market in the country itself.

    1. Sandeep kumar says

      Plz tell me about UG level scholarship of woman

  4. Sandeep kumar says

    Plz tell me about UG level scholarship of woman

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