{"id":85467,"date":"2020-02-24T15:00:16","date_gmt":"2020-02-24T09:30:16","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=13921"},"modified":"2020-02-24T15:00:16","modified_gmt":"2020-02-24T09:30:16","slug":"research-and-developmentrd-fund","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/research-and-developmentrd-fund\/","title":{"rendered":"Research and Development(R&#038;D) Fund"},"content":{"rendered":"\n<p><strong>News:<\/strong>The Department of Science and Technology is planning a Research and Development(R&amp;D) fund to stimulate investment in R&amp;D.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About the fund:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The fund will be coordinated through the department\u2019s Science and Engineering Research Board(SERB) which funds a variety of basic science projects in several universities.<\/li><li>It will receive contributions from a group of companies willing to invest in fundamental research and whatever is invested government will match the contributions.<\/li><\/ul>\n\n\n\n<p><strong>About India\u2019s investment in R&amp;D:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>According to a 2019 report by the Economic Advisory Council (EAC), India\u2019s investment in R&amp;D has shown a consistent increasing trend over the years.<\/li><li>However, it is still fraction of India\u2019s GDP as it has remained constant at around 0.6% to 0.7% of India\u2019s GDP.&nbsp;<\/li><li>This is below the expenditure of countries like the US (2.8), China (2.1), Israel (4.3) and Korea (4.2).<\/li><li>The report has also said that the public expenditure is the driving force of R&amp;D in India which is in contrast to the advanced countries where the private sector is the dominant and driving force of R&amp;D spend.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/NoqqPb8eJnOgx7RJNf4NfoMb-4LU9hNGX8-81JXd_5gVtzpzHy8C3d1Kpydxb--tgmw8UooaANodqxqT4spGx_t9lys4zlXdmL_gT_L_9wI3-QbeEVV2MZr194v4kIuwTyofekHC\" alt=\"\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>News:The Department of Science and Technology is planning a Research and Development(R&amp;D) fund to stimulate investment in R&amp;D. Facts: About the fund: The fund will be coordinated through the department\u2019s Science and Engineering Research Board(SERB) which funds a variety of basic science projects in several universities. It will receive contributions from a group of companies&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/research-and-developmentrd-fund\/\">Continue reading <span class=\"screen-reader-text\">Research and Development(R&#038;D) Fund<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1738],"tags":[2816],"class_list":["post-85467","post","type-post","status-publish","format-standard","hentry","category-science-and-technology-daily-factly-articles","tag-research-and-developement-fund","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700789053,"cached_date":1704875405},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85467","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\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=85467"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85467\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=85467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=85467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=85467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}