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January 17th, 2007
Scientific research in India is hampered by a growing inability to spend budgetary allocations fully
Abstract:
One may be tempted to ask what prompted the President to make such a remark now. It is quite likely that, having looked at the 2005-06 expenditure figures, he must have discovered, to his utter despair, that the Rs.200 crores allocated for the national Nanoscience and Nanotechnology Mission (Nano Mission), of which he was the prime moving force, had to be surrendered entirely unspent. The total amount unspent by the DST is 14.68 per cent of the total allocation in the 2005-06 budget, and the Nano Mission alone accounts for 12 per cent.
Source:
hinduonnet.com
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