Abstract

The Indian government’s annual budget, announced on Feb. 29, increases funding for science and technology, scientific research, and biotechnology within the Ministry of Science & Technology. Budgetary estimates for the Department of Science & Technology (DST), India’s central agency for disbursing research grants in science, are $660 million, up by almost 17% over last year. Health research funding would be hiked by $20 million, or 12.5%, over last year. In contrast, the Department of Scientific & Industrial Research, which promotes domestic technology development and transfer, would receive a paltry rise of 0.7% compared with the previous year. The government plans to pour $269 million into its Department of Biotechnology (DBT), a 12% hike over last year. The increase might seem marginal given the ambitious national strategy launched in December 2015 to turn India into a world hub for biotechnology by 2020. The program is expanding research in vaccines, the human

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.