ShodhSanch
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India spends a low percentage of its GDP on research and development compared to other countries like China and the US, and contributes a small share to global research output. Some key reasons for this are the lack of quality education in research, limited private sector investment in R&D, and insufficient coordination between government, industries, and research institutions. The document proposes several solutions to address this, including increasing public-private partnerships in research, improving intellectual property laws, making R&D departments mandatory for large private industries, and establishing specialized research universities and public sector undertakings. The goal is to increase India's research capabilities, reduce technology imports, and boost economic growth.
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ShodhSanch
India spends a low percentage of its GDP on research and development compared to other countries, and contributes a small percentage to global research output and patents. This is due to factors such as lack of quality education, limited private sector investment in R&D, insufficient funding and infrastructure for research, and poor coordination between government, industries, and institutions. The document proposes solutions like increasing public-private partnerships in research and sharing resources, strengthening intellectual property laws, mandating R&D departments in large private companies, and establishing specialized research universities and public sector research organizations. This is expected to reduce import dependency and the current account deficit while boosting innovation and economic growth.
42
The document proposes solutions to promote research and innovation in India by increasing R&D efforts, expenses, and contributions. It discusses creating "flag bearers" in colleges to connect students to government funding opportunities. It suggests incentivizing private companies to invest in R&D through tax benefits for R&D spending and setting up more special economic zones. It also proposes increasing industry funding of graduate and post-graduate research to attract more students to PhDs and address India's shortage of researchers. The document outlines challenges and mitigation strategies for each solution.
Why is Research and Developement in India Lagging?
The Indian Govt.'s R&D efforts have become almost notional in the last two decades at least,. Burdened with bureaucratic high-cost scientific research agencies modeled on India's colonial civil service has ensured that the state-funded R&D sector has become almost irrelevant, notwithstanding its giant physical resources. To the contrary, India's private sector has come forward and invested in R&D with proportionate gains in productivity and revenues. Governments must ther4efore move from a control to a facilitative role by establishing a National R&D Fund with token participation to synergize India's R&D effort so that GDP growth rates jump and national wealth multiplies.
IITKharagpur9
The document proposes a model to promote research and innovation in India by establishing world class centers of excellence that bring together universities, research institutes, and industries to foster collaboration and commercialization of technologies. This will be done through initiatives like student and faculty exchange programs, applied research projects, business incubation services, and an improved intellectual property system to drive innovation-led economic growth. The model estimates a total cost of 125 crores INR over 5 years to create the infrastructure and programs needed to develop a robust research ecosystem.
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This document discusses India's lack of private sector investment in research and development. It notes that few Indian companies are ranked among the top global investors in R&D, and that India files very few patents compared to countries like China. It analyzes causes such as lack of private initiative, lack of funds for researchers, and outdated university curricula. Solutions proposed include establishing industry-academia research centers jointly funded by government and private companies, training programs to develop high-skilled workers, and instituting corporate-university consortiums to facilitate applied research. The goal is to increase commercially viable research through greater collaboration between industry and academia.
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Future & growth of semiconductor & Defence industry In India
This document discusses Boson Techno Systems Pvt. Ltd., an Indian company that distributes semiconductor and electronics manufacturing equipment. It provides information on:
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ShodhSanch
India spends a low percentage of its GDP on research and development compared to other countries, and contributes a small percentage to global research output and patents. This is due to factors such as lack of quality education, limited private sector investment in R&D, insufficient funding and infrastructure for research, and poor coordination between government, industries, and institutions. The document proposes solutions like increasing public-private partnerships in research and sharing resources, strengthening intellectual property laws, mandating R&D departments in large private companies, and establishing specialized research universities and public sector research organizations. This is expected to reduce import dependency and the current account deficit while boosting innovation and economic growth.
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The document proposes solutions to promote research and innovation in India by increasing R&D efforts, expenses, and contributions. It discusses creating "flag bearers" in colleges to connect students to government funding opportunities. It suggests incentivizing private companies to invest in R&D through tax benefits for R&D spending and setting up more special economic zones. It also proposes increasing industry funding of graduate and post-graduate research to attract more students to PhDs and address India's shortage of researchers. The document outlines challenges and mitigation strategies for each solution.
Why is Research and Developement in India Lagging?
The Indian Govt.'s R&D efforts have become almost notional in the last two decades at least,. Burdened with bureaucratic high-cost scientific research agencies modeled on India's colonial civil service has ensured that the state-funded R&D sector has become almost irrelevant, notwithstanding its giant physical resources. To the contrary, India's private sector has come forward and invested in R&D with proportionate gains in productivity and revenues. Governments must ther4efore move from a control to a facilitative role by establishing a National R&D Fund with token participation to synergize India's R&D effort so that GDP growth rates jump and national wealth multiplies.
IITKharagpur9
The document proposes a model to promote research and innovation in India by establishing world class centers of excellence that bring together universities, research institutes, and industries to foster collaboration and commercialization of technologies. This will be done through initiatives like student and faculty exchange programs, applied research projects, business incubation services, and an improved intellectual property system to drive innovation-led economic growth. The model estimates a total cost of 125 crores INR over 5 years to create the infrastructure and programs needed to develop a robust research ecosystem.
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This document discusses India's lack of private sector investment in research and development. It notes that few Indian companies are ranked among the top global investors in R&D, and that India files very few patents compared to countries like China. It analyzes causes such as lack of private initiative, lack of funds for researchers, and outdated university curricula. Solutions proposed include establishing industry-academia research centers jointly funded by government and private companies, training programs to develop high-skilled workers, and instituting corporate-university consortiums to facilitate applied research. The goal is to increase commercially viable research through greater collaboration between industry and academia.
Sagar Goda AICTE Seminar ppt
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4. Requiring all institutions to obtain accreditation.
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- India presents opportunities for companies due to its large consumer base and demand for technologically advanced products. The growing middle class is driving demand.
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- Government policies aim to promote public and private sector R&D. Recent budgets have allocated over $500 million to the Department of Science and Technology.
- Growing demand, rising investments, strong talent base, and supportive policies give India advantages in the science and technology sector. Foreign companies are increasingly setting up R&D centers in India.
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- India has the third largest technical workforce globally and ranks 8th in the world for graduating students in science and engineering.
- Government policies aim to promote public and private sector R&D. Budget 2017-18 allocated USD597.46 million to the Department of Science and Technology.
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The document outlines AICTE's vision for 2025 which includes the following key goals:
1. Revising curriculum every three years and providing language content online for all.
2. Developing world-class infrastructure in higher education institutions.
3. Mandating AICTE certification for faculty and developing them further.
4. Requiring all institutions to obtain accreditation.
5. Connecting each institute to at least five industries.
6. Providing holistic and learner-centric education to all students.
7. Establishing research and innovation cells in all institutions and enabling one lakh startups by 2025.
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The document provides an overview of science and technology in India. Some key points:
- India has a large talent pool, with the 3rd largest technical workforce globally. Government policies aim to promote public and private sector R&D.
- Investments in R&D have been growing, with the government allocating over $597 million USD in the 2017-18 budget for the Department of Science and Technology.
- India presents opportunities for companies due to its large consumer base and demand for technologically advanced products. The growing middle class is driving demand.
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- India has a large talent pool in science and technology, with 162 universities awarding over 4,000 doctorates annually.
- Government policies aim to promote public and private sector R&D. Recent budgets have allocated over $500 million to the Department of Science and Technology.
- Growing demand, rising investments, strong talent base, and supportive policies give India advantages in the science and technology sector. Foreign companies are increasingly setting up R&D centers in India.
- The number of patent applications from India has risen over 50% in recent years, though grants have declined slightly due to faster application processing.
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2. There are not enough students pursuing higher education, and India's software exports of $9.7 billion were done by only 50,000 software engineers, just 0.05% of the population.
3. Indian services firms have been upgrading old products rather than developing new technologies due to a lack of culture that encourages risk-taking and innovation.
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This document proposes the concept of Institute Social Responsibility (ISR) to promote research and innovation in India. It identifies key issues like insufficient funding, inefficient allocation of resources, lack of corporate participation, and cultural/structural problems. To address these, it suggests that companies invest 0.8-1% of profits in research at national institutes. It also proposes issuing research and innovation bonds to crowdsource funding, and creating a "smart grid" structure to better link institutions. Implementing ISR could boost application-based research, channel funds effectively, and address issues like isolation of institutions and an unfocused approach.
Science and Technology Sector Report - July 2018
The document provides an overview of the science and technology sector in India. Some key points:
- India has a large talent pool in science and technology with 162 universities awarding over 4,000 doctorates and 35,000 postgraduate degrees annually.
- R&D investments in India have been growing steadily, forecasted to reach $83.27 billion in 2018. Many multinational companies are establishing R&D centers in India.
- Government policies aim to promote both public and private sector involvement in research and development. Recent initiatives include programs to support startups and encourage innovation.
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The document provides an overview of the science and technology sector in India. Some key points:
- India has a large talent pool in science and technology with 162 universities awarding over 4,000 doctorates and 35,000 postgraduate degrees annually.
- R&D investments in India have been growing steadily, forecasted to reach $83.27 billion in 2018. Many multinational companies are establishing R&D centers in India.
- Policy initiatives like the Science, Technology and Innovation Policy 2013 aim to promote synergies between science, technology and innovation in both public and private sectors.
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FICCI recommendations Science, Technology and Innovations sector
FICCI recommendations Science, Technology and Innovations sectorFederation of Indian Chambers of Commerce & Industry (FICCI)
The document outlines recommendations from FICCI (Federation of Indian Chambers of Commerce and Industry) for improving India's science, technology, and innovation sector. It calls for expanding tax benefits to include R&D expenditures incurred abroad and infrastructure. It also recommends simplifying customs processes, increasing support for small entities through grants and IP protections, strengthening industry-academic research collaborations, and recognizing corporate spending on R&D infrastructure and scholarships as valid CSR activities. The recommendations aim to encourage more private sector investment in R&D and foster innovation.I-Pockets
The document proposes solutions to improve research commercialization in India by establishing Research Commercialization Centers (RCCs) located at IITs. The RCCs would synergize existing programs and policies to promote industry-academia partnerships. A governing board would oversee each RCC. Challenges include implementing the synergistic framework and securing funding, but the model aims to be self-sustaining through equity shares. The RCCs are expected to strengthen commercialization of research and boost the startup ecosystem.
India Spain co-operation on industrial R&D 2014
The document discusses funding support for collaborative research and development projects between India and Spain, focusing on areas like smart cities, clean technologies, and information and communication technologies. Eligible applicants include companies and researchers from India and Spain. Projects involving joint technology development leading to prototypes and commercialization are preferred. Selection will prioritize innovative projects with commercial potential and balanced contributions from both countries. The funding agencies - DST in India and CDTI in Spain - provide grants and loans to support the costs of the projects.
Antim2013
This document proposes establishing an independent agency to better coordinate India's research and development efforts between industry, universities, and the government. The agency would provide grants, implement reforms, and oversee government research institutions. It would have a chairman and regional heads overseeing a structure of representatives from industry, universities, and research organizations. The agency aims to increase R&D spending, outputs, and industry participation through various initiatives like performance-based grants, tax incentives, and promotion zones. Success would be measured by increases in India's scientific publications, patents, and researcher numbers to better compete globally and close domestic gaps. Challenges include gaining industry cooperation and improving research quality and outputs.
Vibrant Gujarat Summit on Innovation & Research development
This document provides an overview of innovation and R&D globally and in India, with a focus on Gujarat. Key points:
- Global R&D spending is expected to remain around 2% of GDP through 2014, led by the US, China, and Japan.
- India spends around 2.7% of GDP on R&D and was the 8th largest R&D investor globally in 2013. Gujarat accounts for over 10% of India's total R&D spending.
- Gujarat has over 35 R&D institutions focusing on sectors like pharmaceuticals, chemicals, automotive, and renewable energy. The state attracts many foreign technology agreements and companies setting up R&D
Sushil
The document proposes a solution to address the lack of adequate research and innovation in India. It involves creating new universities dedicated solely to research and innovation. Knowledge would be both acquired from within India and imported from abroad to create a centralized knowledge pool. This pool would be accessible to private firms, government, public institutions, and individuals. The proposed universities would have no shortage of faculty and promote researchers becoming entrepreneurs. Key steps for implementation include adopting a whole-of-government approach, creating supportive climates, efficient institutions and adapting to societal context. Challenges like funding would be addressed through an inclusive innovation fund model.
Pragati
The document discusses the need to establish collaborative research facilities in India to promote innovation. It notes that while India produces a large number of experts, it invests little in research and development and lacks world-class research infrastructure. It proposes creating research facilities that bring together government, industry, and academia to share resources and costs. This would encourage private sector funding of research, provide industry access to top researchers and facilities, and help retain scientific talent in India rather than contributing to brain drain. The document uses the example of establishing such a facility in computer engineering and technology near IIT Mumbai to leverage local talent and industry partnerships.
PhD_ManagementofTechnologyinEducation.pptx
The document discusses various perspectives and aspects of technology diffusion and absorption in India. It outlines the steps involved in technology acquisition, absorption, and improvement. It notes that while India has made efforts to absorb imported technologies, challenges remain such as lower production scales, lack of focus on absorption, and minimal R&D involvement. It provides recommendations to strengthen absorption efforts through various initiatives.
Technology Transfer Agencies in India.pdf
The Asian and Pacific Centre for Transfer of Technology (APCTT) is a regional institution of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) servicing the Asia-Pacific region.
The National Research Development Corporation (NRDC) was a non departmental government body established by the British Government to transfer technology from the public sector to the private sector.
TIFAC is an autonomous organization set up in 1988 under the Department of Science & Technology to look ahead in technology domain, assess the technology trajectories, and support innovation by networked actions in select areas of national importance.
Biotech Consortium India Limited (BCIL) is a public limited company, promoted by the Department of Biotechnology (DBT), Ministry of Science and Technology, Government of India and set up by All India Financial Institutions including IDBI, ICICI, IFCI, UTI and IFCI Venture Capital Funds Limited.
Support Measures for Activities Related to Science and Technology Development
Support Measures for Activities Related to Science and Technology DevelopmentThailand Board of Investment North America
This document provides an overview of the various support measures offered by the Thai government to promote science, technology, and innovation activities in Thailand. It discusses special tax incentives from the Revenue Department for R&D equipment, R&D expenses, and human capital training. It also outlines the tax incentives and financial assistance available from the Board of Investment for R&D and biotechnology projects, including corporate income tax exemptions and import duty exemptions. Finally, it describes two grant programs from the National Innovation Agency that provide funding for innovative technology projects in the testing, pilot, and early development phases.Assessment of Indian Biotechnology Landscape
The document discusses the Indian biotechnology landscape from an international perspective. It finds that India has become a prominent global player in biotechnology, and its contribution to the global market is expected to grow significantly by 2025. However, it also identifies several issues that could hamper growth, such as low R&D spending, a lack of coordination between regulatory bodies, and insufficient industry-academia linkages. The document provides recommendations to address these issues, including increasing private sector investment in R&D, improving research quality and infrastructure, developing biotechnology clusters, and streamlining the regulatory environment.
Wake up india, its time to invest in r&d white paper by scpl nov 2019
India has an unique opportunity to provide solutions to the worlds problems for which we need to make investment in R&D as also providing incentives for the private sector to increase their investment.
Scinnovation Consultants was commissioned by Principal Scientific Advisor, Govt. of India to come up with findings from industry and suggest a policy framework to Govt. of India
UtopianVision
India lags behind in research and innovation output despite having a large young population. The document proposes solutions to address issues like low private sector participation in R&D, lack of innovation and recognition, and poor research infrastructure. The key solutions proposed include an undergraduate research internship program, increased collaboration with foreign universities and industries, and accelerating the patent examination process to promote research and innovation in India. Monitoring bodies would oversee the implementation of these solutions at the university, industry, and government levels.
212205
This document discusses research and development (R&D) expenditures and activities around the world. It notes that the United States spends the most on R&D, followed by China, Japan, Germany, and South Korea. R&D is important for developing new products, gaining intellectual property, and remaining competitive. The document also provides suggestions for how India can improve its R&D efforts, such as by establishing more school and university research departments, focusing funding on key issues, and improving international collaboration.
Innovation and Patents Sector Report - March 2017
The document provides an overview of innovation and patents in India. Some key points:
- India's R&D spending reached an estimated USD 71.5 billion in 2016, making it the 6th largest R&D investor globally. The pharmaceutical sector is a major driver of R&D growth.
- Advantages for R&D and innovation in India include a large and growing domestic market, supportive government policies, and increasing private sector investments in R&D.
- Intellectual property rights filings in India have grown significantly in recent years, with trademarks making up the majority of applications.
Innovation in India - Emerging Trends
This document discusses innovation in India, including the current status, challenges, government initiatives, and path forward. Some key points:
- India lags behind countries like the US and China in R&D spending as a percentage of GDP and number of researchers and patents. Major challenges include low government funding for R&D, outdated education system, and brain drain.
- Government initiatives to boost innovation include the National Innovation Council, Department of Science and Technology programs, new science and technology policy, and tax incentives for R&D.
- For India to become a global leader in innovation, priorities include increasing R&D funding, improving industry-research collaboration, and incentivizing Indian talent abroad to return.
Similar to ShodhSanch (20)
FICCI recommendations Science, Technology and Innovations sector
FICCI recommendations Science, Technology and Innovations sector
Vibrant Gujarat Summit on Innovation & Research development
Vibrant Gujarat Summit on Innovation & Research development
Support Measures for Activities Related to Science and Technology Development
Support Measures for Activities Related to Science and Technology Development
Wake up india, its time to invest in r&d white paper by scpl nov 2019
Wake up india, its time to invest in r&d white paper by scpl nov 2019
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The document discusses India's Public Distribution System (PDS), which aims to provide essential commodities like food grains, sugar, and kerosene to vulnerable groups at subsidized prices. It outlines the objectives and flow of PDS from farmers to fair price shops. Key points covered include the targeted beneficiaries and their entitlements under PDS, the challenges of leakage and exclusion of poor families, and efforts to monitor movement of supplies from depots to shops.
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The document proposes solutions to increase transparency in India's Public Distribution System (PDS). It outlines problems like corruption and diversion of goods from PDS outlets. The team's proposed solutions include implementing an ERP system to integrate PDS departments, using mobile updates to track goods delivery, and introducing smart cards with Aadhaar details for citizens to purchase rations. This would allow transparent monitoring of distribution and prevent illegal sale of goods. The team aims to build on these ideas to improve the system and create a more open and reliable PDS for people across India.
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Striving_towards_a_cleaner_nation
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sahas1
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2) Details about the procurement and allocation processes with organizations like FCI responsible for food grains and other groups handling other items.
3) Background on why PDS was established in India due to factors like drought, famine, war, inflation, market imperfections, and poverty.
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みなさんこんにちはこれ何文字まで入るの？40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの？えこ...
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みなさんこんにちはこれ何文字まで入るの？40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの？えこ...
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ShodhSanch
- 1. Brain Gain Team Shodhsanch Nandan Daga Saurabh Deshmukh Akash Doifode Neelotpal Patel Nikhil Mohite Promoting research and innovation 1
- 2. Introduction Indian research shares only 3.5% of global research output despite of being second largest country and fastest growing economy in the world. India filed only 0.3% of total world patents.India spent only 2.9% of the world’s total expenditure on research against China which spent 14.2% Current Research in India 3.67 3.46 2.7 1.44 1.1 1 0.95 0 0.5 1 1.5 2 2.5 3 3.5 4 % GDP on R&D 4,367 1,326 903 536 187 0 1,000 2,000 3,000 4,000 5,000 US UK China Japan India No of research papers in 2011 503582 342610 525412 59433 42291 0 100000 200000 300000 400000 500000 600000 USA Japan China Germany India Top Patent Filing Offices in 2012 Top Patent Filing Offices in 2012 2
- 3. Causes • Out of 260 lakh students who were enrolled at the undergraduate level and above in 2011-12, only 0.4% had registered for PhD. • Not even 1 Indian university ranks among the Top 100 Global Universities. Lack of quality education:- 1 out of 6 graduates in India is engineer. Still there has been a complete neglect of research culture in universities. Restriction on investment of private sectors in R&D:- R&D in various technology is conducted by and limited to, Govt. organizations. The quality of which is quiet deplorable. Hence forcing to procure the required technology from abroad. Provision of optimal funding & infrastructure for R&D:- Though 0.95% GDP is spent on R&D, but it lacks on planning of infrastructure. Also its not reachable on various sectors equally. Compared to other countries it lacks the quality of equipment in R&D. • Lack of co-ordination between Govt ., Industries and Institutions:- Knowledge required in industries in not taught institutes as a result of lack of co-ordination between industries and institutions. Also ,process of granting and reception of funds and resources is time spending and critical. • Lack of innovative competitive exams for developing excellence:- India lags from other countries in hosting exams for building skillsets of students. This includes skill development and vocational related examinations. 8 38 40 41 45 14 14 18 13 30 0 10 20 30 40 50 Mathematical Technical Problem Solving English Leadership % of Chinese and Indian Engineers reported to be lacking skills in selected areas. India China 3
- 4. Proposed Solutions Proposed solution model • Promoting Public Private Partnership (PPP) in building universities and PSU’s. • Sharing and transfer of funds between Govt and private sector for technological advancement. • Development and production of quality human resource. • Sharing of this human resources between institutes and industries. • Strengthing of laws and norms for active and minimum participation of industries in R & D. • Simplifying complicated procedure for filing patents and research grant(PhD). • Formation of new CAG (Comptroller and Auditor General) cum industry accreditation bodies for audits on proposed PSUs and universities. • Obligations on timely project completion and security in real time projects like defense ,aerospace etc. 4
- 5. Proposed Solutions • Attracting excellence from India going abroad to study and work on proposed R&D. • Expanding scale and scope of schemes and programs previously launched by Govt. such as TePP, HGT, PATSER, TDB and NMITLI. • Promoting small technological firms that could turn bedrock of a strong technological capability. • Recruiting scientist and research genius from India as well as outside for granting and supervising research projects. • Eradicating the link between corruption and weak technical firms. • Proposal of compulsory R&D fund for agriculture and sectors attached to rural economy. • Encourage non-resident Indians to start firms in industrial parks . 5
- 6. Public and Private collaboration in Government centered sectors Formation of Laws Increase % of R&D in Budget Improvement in Intellectual Property Right Compulsory R&D Department for Private Industry Research Institutes and Universities Formation of PSU with participation of Public and Private section CAG + Private Sector body Audits Proposed Implementation Model 6
- 7. Improvement in Intellectual Property Right Compulsory R&D Department for Private Industry • IT sector has a lion`s share in GDP of India, even though according to Indian Patent Act(1970), patents for algorithms, mathematical models, and formulas cannot be filed .Removing such ambiguities by amending law. • Simpler and efficient procedure for granting the patent. • Relaxing pre-qualification clauses in public procurement. 71 23 13 8 7 6 0 10 20 30 40 50 60 70 80 Sectorwise R&D Units Sectorwise R&D Units • The Indian market is importing technology from foreign countries which increases the total import percentage leading to depreciation of Indian currency . • The law should be amended to make compulsory R &D department in Private Industry according to their market value and reduction in the import of technology which support research in production. • R&D capabilities are first built through foreign direct investment and then gradually enter into the domestic R&D sector. Implementation 7
- 8. Formation of R&D Institute & Universities Increase the number of Public Sector Undertaking • It emphasis on formulating special R&D university ,under which different colleges devoted for research and development will be providing special degrees in research after 10+2 and focus on particular research area only .The various areas of research will be included according to need and guidance of market. This proposed university will head all the R&D departments of existing universities . • These researchers will be directly recruited in PSU`s and Industrial R&D . • These Institutes will conduct competitive level at primary and secondary school level to increase innovation in student. • Formation of different PSU`s devoted specially for lagging R&D sectors in India . • The fund for this will be acquired by increasing window of stakes of FDI in PSU`s. • Motivate these PSUs for adapting world class dynamic technologies. Implementation 8 Funding:-Sustained financial support from the government.
- 9. Impact of Proposed Solution • 10% of our budget expenditure(2013-14) is allocated for Defence Sector,70% of which goes for importing from other countries. If the proposed solution works then import can be curbed. Also export will be increased to some extent leading to decrease in Current Account Deficit(CAD). • In India pharmaceutical sector has more R&D but fields like semiconductor, defence , machinery lags in R&D, so due to our proposed solution balance of R&D will be obtained. • Research output of Indian higher education system will be fastened. • India will take advantage of the accelerated pace of the internationalization of R&D. • Growth of an export-oriented software industry will be highly utilized for increasing R&D share. • Due to decrease in Current Account Deficit , automatically rupee value will gain. • Dependency on foreign import will reduce. • Creation of larger and efficient workforce and thus increasing employment. 21% 18% 10%12% 11% 17% 4% 7% Expenditure in Budget 2013-2014 Central Plan Interest Payments Defence Subsidies Other Non Plan Expenditure State's Share Of Taxes and Duties Non-Plan Assistance to States And UT govts. Plan Assistance to States and UT-govts 9
- 10. References • http://164.100.47.5/newcommittee/press_release/bill/Committee%20on%20HRD/Universities%20for%20Research%20and%2 0Innovation%20Bill,%202012.pdf • http://www.oifc.in/investing-in-india/investment-info/in-focus/education-in-india-the-way-forward • http://www.searchwarriors.com/ResearchOrganisation.htm • http://www.rand.org/content/dam/rand/pubs/monographs/2011/RAND_MG1009.pdf • http://www.simplydecoded.com/2012/10/24/towards-greater-self-reliance-2/ • http://www.indiabudget.nic.in • http://ipindia.nic.in/ipr/patent/eVersion_ActRules/sections/ps3.html` • http://www.finmin.nic.in/ • http://www.unisa.edu.au/Global/Research/ResearchDegreesBrochure.pdf • http://battelle.org/docs/default-document-library/2012_global_forecast.pdf 10