The Indian government unveiled a new Science and Technology Policy in 2013 to replace the 2003 policy. The new policy was created following discussions with 5,400 representatives from industry and science. It aims to increase research for social benefit and public participation in science. The policy hopes to boost innovation, research funding, and global scientific participation to make India one of the top 5 global scientific powers by 2020 in areas like biotechnology and particle physics. However, it faces challenges in meeting funding goals and private sector involvement.