Context:
In the Budget presented recently, the Ministry of Science & Technology has received an allocation of ₹16,361.42 crore this year, on paper an impressive 15% increase from the previous estimate. However, the Ministry had seen a 3.9% decrease between 2021-22 and 2022-23.
Current status of spending on Research and Development
Need to focus on R&D:
Impediments faced by the R&D sector
Additional Information:
Image Credits: Times of India |
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News Source: The Hindu
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February 3, 2023
