New Delhi, July 7 (IANS) Secretary, Technology Development Board (TDB) Rajesh Kumar Pathak on Tuesday said central government plans to boost research and development spending to about 2 per cent of GDP and invited private sector to tap Rs 1 lakh crore Research, Development & Innovation Fund (RDIF) that can underwrite up to half of project costs.“The objective of the RDIF is to encourage the private sector to scale-up R&D spending, currently at around 0.65 per cent of GDP. The role of t…
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New Delhi, May 6 (IANS) The Office of the Principal Scientific Adviser to the Government signed a Memorandum of Understanding (MoU) with the Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday at Kartavya Bhavan here to foster a robust ecosystem for research & development in the country by bridging the gap between industry, academia, and research institutions.The MoU aims to promote research, its translation, and commercialisation, foster strategic partnerships, and s…