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January 12th, 2010

Govt to double investments in R&D

Abstract:
The Government plans to increase its expenditure on R&D from 1% of GDP to 2%, said Dr Prithviraj Chavan, Minister for Science & Technology. He was speaking at the Inaugural Session of the Seminar on "Nanotechnology", a precursor to the Pravasi Bharatiya Divas organized by the Ministry of Overseas Indian Affairs jointly with Confederation of Indian Industry and the Government of NCT of Delhi.

Dr Chavan urged the Indian diaspora to work with the governments in their adopted countries and the Indian industry and government to collaboratively find solutions using science and technology. The recommendations from the day long Seminar on Nanotechnology will enable the government and industry to engage with the NRI's and PIOs and identify key areas of interest for investment, research and infrastructure development.

Source:
indiainfoline.com

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