PM Modi himself will take charge of research, NRF with a budget of Rs 50,000 crore will open new avenues of progress
Union Minister Dr. Jitendra Singh has introduced the National Research Foundation Bill, (NRF) 2023 in the Lok Sabha on Friday. This important bill will promote and develop research and development.
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This is in this NRF bill, this will be the role of the PM
According to this bill, the pace of research and development has to be accelerated in India's universities, colleges, research institutes and research and development laboratories. Also, an apex body has to be set up to promote the culture of innovation in the country. The Central Government has allocated Rs 50,000 crore for the next five years 2023-28 for the establishment of this apex institute. The scope of NRF will be very wide. The Prime Minister will be the ex-officio Chairman of the Board and the Union Minister for Science and Technology and the Union Minister for Education will be the ex-officio Vice-Chairman. The functioning of the NRF will be governed by an Executive Council headed by the Principal Scientific Adviser to the Government of India. Its governing body will also include 20 to 15 researchers.
Funds will be raised for NRF in this way, it will work
The National Research Foundation will establish collaboration between academia, industry and government departments and research institutions. Apart from this, it will create an interface for the participation of state governments. It will also be helpful in creating a policy framework and regulatory process related to research. For this, out of Rs 50,000 crore allocated, Rs 36,000 crore will be mobilized through investments from industries and philanthropists. While the remaining amount of Rs 10,000 crore will be funded by the central government. The remaining 4000 crores will come from the merger of the Science and Engineering Research Board with NRF.
This apex body is being set up only to provide high-level strategic direction of scientific research in the country as per the recommendations of the National Education Policy. The new NRF Bill will repeal the Science-Engineering Research Board set up by an Act of Parliament in 2008 and merge it with the NRF.
