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.