Gazing at your dog can connect your brain with theirs, research shows
India also has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines?
While it is essential to have large corporations leverage economies of scale, the government must ensure that firms do not use their dominant positions to stifle competition
R&D spend grows 152% in 5 years to Rs 63,072 crore in FY24
Computing power is as vital to the economy as highways and factories. The technology has to be affordable and accessible for private firms and the government
Gangadharan emphasises India's strategic importance for SAP's growth and innovation
The Union Cabinet on Wednesday approved the Biotechnology Research Innovation and Entrepreneurship Development (Bio-RIDE) scheme to support cutting-edge research and development in biotechnology. Bio-RIDE combines two existing schemes -- Biotechnology Research and Development (R&D) and Industrial and Entrepreneurship Development (I&ED) -- with a new component, 'Bio-manufacturing and Bio-foundry', an official statement said. The proposed outlay for the implementation of the unified scheme Bio-RIDE is Rs 9,197 crore during the 15th Finance Commission period from 2021-22 to 2025-26. The Bio-RIDE scheme is designed to foster innovation, promote bio-entrepreneurship, and strengthen India's position as a global leader in bio-manufacturing and biotechnology, the statement said. It aims to accelerate research, enhance product development, and bridge the gap between academic research and industrial applications, it added. The scheme is part of the government's mission to harness the ...
Emphasising the need to set big targets, PM Modi said that research should focus on finding new solutions to existing problems
Prime Minister Narendra Modi on Tuesday chaired the first governing board meeting of the newly formed Anusandhan National Research Foundation (ANRF), officials said. The meeting of the foundation, which will act as an apex body to provide high-level strategic direction towards scientific research in accordance with the recommendations of the National Education Policy (NEP), was attended by Education Minister Dharmendra Pradhan. Senior officials, including the government's principal scientific advisor Ajay Kumar Sood, also participated. The ANRF aims to seed, grow and promote research and development (R&D) and foster a culture of research and innovation throughout India's universities, colleges, research institutions, and R&D laboratories.
New framework likely to keep a short-term target of 3 to 5 years
The one most important reason on why firms may or may not undertake R&D is not government incentives but the absence of competitive forces
By prioritising this, and cultivating a robust ecosystem for innovation and business growth, India can build the foundation to achieve sustainable economic growth and avoid the middle-income trap
Prime Minister Narendra Modi on Saturday hailed the "BioE3" policy approved by the Union Cabinet as a landmark initiative and said it will encourage scientific, industrial and societal advancements in the times to come. The Union Cabinet approved the "BioE3" (Biotechnology for Economy, Environment and Employment) policy for fostering high-performance bio-manufacturing of the Department of Biotechnology. According to Information and Broadcasting Minister Ashwini Vaishnaw, the policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors. In a post on X, Modi said, "The BioE3 (Biotechnology for Economy, Environment and Employment) policy that has been approved by the Cabinet is a landmark initiative that will foster high performance bio-manufacturing." "This will also encourage scientific, industrial and societal advancements in the times to come. Other benefits include environmental preservation and employment creation,"
The Union Cabinet on Saturday approved the 'BioE3' (Biotechnology for Economy, Environment and Employment) policy for fostering high-performance biomanufacturing of the Department of Biotechnology. According to Information and Broadcasting Minister Ashwini Vaishnaw, the BioE3 policy seeks to include innovation-driven support for research and development and entrepreneurship across thematic sectors. This will accelerate technology development and commercialisation by establishing biomanufacturing and bio-AI hubs and biofoundry, he said. Along with prioritising regenerative bioeconomy models of green growth, this policy will facilitate the expansion of India's skilled workforce and provide a surge in job creation. An official statement said, the policy will further strengthen the government's initiatives such as a Net Zero' carbon economy and Lifestyle for Environment' and will steer India on the path of accelerated Green Growth' by promoting a Circular Bioeconomy'. "The BioE3 Polic
Union Finance Minister Nirmala Sitharaman on Tuesday justified the present taxation regime, saying that the country needs resources to meet the challenges facing the nation and also to fund research and development activities. Sitharaman was addressing the 11th convocation of Indian Institute of Science Education and Research (IISER) in Bhopal. While appealing to the scientist community to do more research on the storage of renewable energy, Sitharaman said the world has promised a lot of money towards transitioning from fossil fuel to renewable energy but that money is yet to come. "But India didn't wait. The promises given in Paris (Paris Agreement) were fulfilled with our own money. There are times when being the finance minister, it doesn't give me motivation when I have to answer people about why our taxes are like this? Why can't we even be lower than this? I wish I can bring it down to almost nil. But India's challenges are severe and challenges will have to be overcome," the
Spending on research and development has surged, tripling in the past decade and moving China into second place after the United States
India's leading energy companies do not fare better than global firms on R&D intensity, proportion of employees with a PhD degree, and patents per billion dollar revenue, according to FAST India
According to media reports, Zoho has also submitted a proposal to the Indian government seeking incentives for a semiconductor fab plant
The government is looking to expand funds for research in rural 5G use cases
Telecom Technology Development Fund to see through Made in India tech solutions