Issues attached :
- As a proportion of GDP expenditure on Science and Tech has been stagnated. It is between 0.6-0.7% of GDP over the past two decades.
- Expenditure is skewed in favour of Atomic energy, space, earth science , Biotechnology and the expenditure on ICMR is on decline.
- As compared to its peer competitors, India’s spending on R&D is well below that in major nation such as US, CHINA, Israel and Korea.
- In India Government is not just the primary source of R&D funding but also it’s the primary user of these funds. Even more, government expenditure on R&D is undertaken almost entirely by the central government.
- Private Investment in research have severely lagged public investment in India.
- India’s universities play a relatively small role in the research activities of the country
- Most other countries, especially east Asian countries like China, Japan and Korea have been dramatic increase in R&D as a percentage of GDP as they have become 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube