Expenditure on Science and Technology

LOK SABHA

According to the official statistics, 0.8 percent of the GDP is spent on Research & Development in Science and Technology in the country.

The Government has taken various measures to increase the expenditure on Science & Technology in the Country. These measures include higher allocation for scientific research from Plan to Plan for setting up of new institutions for science education and research, creation of centres of excellence and facilities in emerging and frontline areas in academic and national institutes, induction of new and attractive fellowships, strengthening infrastructure for R&D in universities, encouraging public-private R&D partnerships, national awards for outstanding R&D etc. Accordingly, the Government have enhanced XI plan allocation for Scientific Departments to Rs.75,304.00 crores from Rs.25,301.35 crores during X Plan.

This information was given by Union Minister for Science & Technology and Earth Sciences, Shri Kapil Sibal, in the Lok Sabha today.

Source: Press Inormation Bureau
Date: March 11, 2008