Centre sanctions Rs 1,000 crore for research and innovation

Image
ANI New Delhi [India]
Last Updated : Mar 06 2018 | 11:35 PM IST

The Union Government has announced a grant of Rs 1,000 crore for the second phase of the Impacting Research Innovation and Technology (IMPRINT) India programme.

Union Minister for Human Resources and Development Prakash Javadekar today said, "In a major boost for research and innovation in the country, the Central Government has sanctioned a sum of Rs. 1000 crore for the phase two of the Impacting Research Innovation and Technology (IMPRINT) India programme."

In a statement in the Visitors Conference held in New Delhi today, Javadekar said that under the IMPRINT-II, a fund is being created by the Department of Science and Technology and Ministry of Human Resource Development together, in which participation will come from industry and other interested Ministries.

The project will be run as a separate vertical in coordination with the DST. Prof. Indranil Manna of IIT-Kharagpur will be the National Coordinator.

The proposals for IMPRINT-II will be called from March 16 and will be sanctioned by May this year.

Under the IMPRINT-I Programme, 142 projects at a cost of Rs. 318.71 crore are already under implementation.

These projects will cover crucial domains like security and defence, information technology, energy, sustainable habitat, advance materials, health care, nano technology, climate change, etc. All these projects are expected to result in publications and also patents.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 06 2018 | 11:35 PM IST

Next Story