3rd February 2023
Editorials
Context:
- The Budget for the year 2023-24 has seen an increase in fund allocation for research and development for various departments, however much has to be done along with fund allocation.
Funds for research and development:
- For major departments: The Ministry of Science & Technology has received an allocation of ?16,361.42 crore this year.
- Hike for S & T department: The bulk of the hike has gone to the Department of Science and Technology (DST), ?7,931.05 crore up 32.1% from the year 2021-22.
- For Other branches: For Department of Biotechnology was a nominal hike of 3.9%, and ?5,746.51 crore (1.9%) for the Department of Scientific and Industrial Research (DSIR).