{"id":206603,"date":"2022-09-19T18:44:34","date_gmt":"2022-09-19T13:14:34","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=206603"},"modified":"2022-09-19T18:44:34","modified_gmt":"2022-09-19T13:14:34","slug":"funding-the-future-goi-reverting-to-earlier-funding-rule-for-research-bodies-is-welcome-but-india-spends-too-little-on-science","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/funding-the-future-goi-reverting-to-earlier-funding-rule-for-research-bodies-is-welcome-but-india-spends-too-little-on-science\/","title":{"rendered":"Funding the future: GoI reverting to earlier funding rule for research bodies is welcome. But India spends too little on science"},"content":{"rendered":"\n

Source<\/strong>\u2013 The post is based on the article\u00a0\u201cFunding the future: GoI reverting to earlier funding rule for research bodies is welcome. But India spends too little on science\u201d <\/strong>published in The Times of India <\/strong>on\u00a019th September 2022<\/strong>.<\/p>\n

Syllabus:\u00a0<\/strong>GS 3 – Issues relating to development and management of Social Sector\/Services relating to Education.<\/p>\n

Relevance<\/strong>\u2013 About the R&D in India.<\/p>\n

News<\/strong>: Recently, the government reversed a procedural rule to facilitate the flow of funds to national research institutes.<\/p>\n

About the procedural rules for R&D<\/h5>\n

In March, a new workflow rule mandated zero-balance accounts for each project<\/strong> replaced the system where institutes\u2019 central accounts allocated funds. The new system was meant to free researchers from controls of university procedures.<\/p>\n

This resulted in a)<\/strong> Opening these accounts was time-consuming, b)<\/strong> The advantages of a large pool of money coming into a central account were lost. For instance, interest earned from a central corpus helped researchers pay for administrative overheads. So the government reversed the decision.<\/p>\n

What is the actual problem with R&D in India?<\/h5>\n

Despite India\u2019s economic transformation over 30-plus years, India’s R&D spending is too little. <\/strong>As per the Niti Aayog\u2019s latest India Innovation Index report, the per capita gross expenditure on R&D (GERD) is just $43 (the total spend is 0.7% of GDP) against $1,800 in the US (total spend 3.4% of GDP) and $325 (total spend 2.4% of GDP) in China.<\/p>\n\n\n\n
Must read: Research and Development in India: Status, Challenges and Recommendations \u2013 Explained, pointwise<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What should be done to improve R&D in India?<\/h5>\n

Ensure the proper functioning of NRF<\/strong>: In the 2020 Union budget, the government promised to set up an apex National Research Foundation with a Rs 50,000 crore outlay and a spending timeline of five years.<\/p>\n

The government must clarify how the NRF will work with existing central funding agencies like DST, DBT, CSIR, SERB, ICAR and ICMR.<\/p>\n\n\n\n
Read more: India\u2019s Research and Development (R&D) activities has achieved far less than it\u2019s potential<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Source\u2013 The post is based on the article\u00a0\u201cFunding the future: GoI reverting to earlier funding rule for research bodies is welcome. But India spends too little on science\u201d published in The Times of India on\u00a019th September 2022. Syllabus:\u00a0GS 3 – Issues relating to development and management of Social Sector\/Services relating to Education. Relevance\u2013 About the… Continue reading Funding the future: GoI reverting to earlier funding rule for research bodies is welcome. But India spends too little on science<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[216,10496],"class_list":["post-206603","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-3","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1700535060},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/206603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=206603"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/206603\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=206603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=206603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=206603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}