Rs. 1,000 cr. for research and innovation

Rs. 1,000 cr. for research and innovation

Context:

• The Centre had sanctioned Rs. 1,000 crore for the Phase II of the Impacting Research Innovation and Technology (IMPRINT) India programme.

Explanation:

• Under the IMPRINT-II, a fund is being created by the Department of Science and Technology and Ministry of Human Resource Development together, in which participation will come from industry and other interested Ministries.
• The project will be run as a separate vertical in coordination with the Department of Science & Technology.
• The proposals for IMPRINT-II will be called from 16thMarch and will be sanctioned by May this year.

IMPRINT-I Programme:

• Under the IMPRINT-I Programme, 142 projects at a cost of Rs. 318.71 crore are under implementation.
• These projects cover crucial domains like security and defence, information technology, energy, sustainable habitat, advance materials, health care, nano technology, climate change, etc