Home Education National Research Foundation Approved with Rs 50,000 Crore Funding for R&D

National Research Foundation Approved with Rs 50,000 Crore Funding for R&D

National Research Foundation Approved with Rs 50,000 Crore Funding for R&D

The Indian government has given its approval to establish the National Research Foundation (NRF), an apex body aimed at promoting and funding scientific research in higher education institutions across the country. India’s NRF will get Rs 50,000 crore during 2023-2028. It follows the National Science Foundation of the United States.NRF aims to improve research infrastructure and funding, make science funding more equal, and connect research with higher education.

Summary

  • 📜 The National Research Foundation (NRF) has received approval from the Indian government.
  • 💰 The NRF is allocated an initial budget of Rs 50,000 crore over a five-year period.
  • 🌍 India’s expenditure on research and development (R&D) is significantly lower compared to other countries.
  • 🧪 The NRF aims to promote, fund, and mentor scientific research in higher education institutions.
  • 🔬 It is modeled after the successful National Science Foundation of the United States.
  • 💡 The NRF will focus on addressing the lack of uniformity in research infrastructure and funding.
  • 🏫 The goal is to bridge the gap between research and higher education and democratize science funding.
  • 💡 The Union Cabinet has approved a bill to establish the National Research Foundation (NRF) in India.
  • 💰 The government has allocated Rs 50,000 crore for research until 2027-28.
  • 🏛️ The NRF will promote research and development (R&D) and foster innovation in Indian universities, colleges, institutions, and R&D laboratories.
  • 🎓 The bill will replace the Science and Engineering Research Board Act, 2008, and is aligned with the recommendations of the National Education Policy (NEP).
  • 🌐 The NRF will function as an apex body providing strategic direction for scientific research in the country.
  • 👥 The NRF will be governed by a board consisting of eminent researchers and professionals, with the Prime Minister as the ex-officio president.
  • 📚 The NRF will focus on need-based research and prioritize high-impact areas in natural sciences, engineering and technology, environmental and earth sciences, and social sciences.

The Union Cabinet, led by Prime Minister Narendra Modi, has approved a bill to establish the National Research Foundation (NRF) in India. The NRF aims to promote research and development (R&D) and foster a culture of innovation in universities, colleges, institutions, and R&D laboratories across the country. The bill will replace the existing Science and Engineering Research Board Act, 2008, and is aligned with the recommendations of the National Education Policy (NEP). The government has set aside Rs 50,000 crore for research until 2027-28. Rs 14,000 crore will be given directly in the next five years, and the rest of the money will be obtained from public sector enterprises, industry, foundations, and international research organizations. The NRF will prioritize need-based and interdisciplinary research in various fields.

The Indian government has approved the creation of the National Research Foundation (NRF). NRF will promote and fund scientific research in higher education institutions across the country. NRF will help reduce the gap in R&D spending between India and other countries. It has a budget of Rs. 50,000 crore for five years. The foundation is based on the National Science Foundation of the United States and aims to promote research in universities and colleges. The focus will be on fixing the problem where research infrastructure and funding are not consistent. This will be done by giving more money to projects in peripheral, rural, and semi-urban areas.By bridging the gap between research and higher education, the NRF aims to restore the union of education and research, thereby democratizing science funding. The foundation will address important issues in India, including natural sciences, engineering, social sciences, arts, and humanities. A governing board and executive council will manage it. The Prime Minister, Minister of Science and Technology, and Minister of Education will participate in it.

Indian Union Cabinet approved the establishment of the National Research Foundation (NRF) to enhance research and development (R&D) and promote innovation in educational and scientific institutions. The NRF, to be created under the National Research Foundation Bill, 2023, will replace the existing Science and Engineering Research Board Act, 2008. The foundation will be responsible for providing high-level strategic direction for scientific research based on the recommendations of the National Education Policy (NEP).

To support research activities, the Indian government has allocated Rs 50,000 crore until the fiscal year 2027-28. Rs 14,000 crore will be available directly in the next five years, while Rs 36,000 crore will come from public sector enterprises, industry, foundations, and international research organizations.

The NRF promotes research in different areas like natural sciences, technology, social sciences and more. It focuses on research that addresses specific needs in those fields. It will prioritize high-impact areas and provide funds accordingly. The proposed foundation will be governed by a board consisting of eminent researchers and professionals across disciplines. The Prime Minister will be the president of the board, and the Union Ministers of Science & Technology and Education will be the vice-presidents.

The establishment of the NRF has been welcomed by stakeholders in the education and research sectors. Improve research in universities, encourage partnerships between academia, industry, and research centers, and help India advance in research and innovation. Additionally, the NRF is seen as a significant step towards realizing the vision of ‘Jai Anusandhan’ (Victory through Research) envisioned by Prime Minister Narendra Modi.

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