"There is a need of good institutions which can attract scientists and researchers to come back to India and work here," Venkatraman told reporters here.
"India has potential to become science super power, but it is a long process and the country should continue investing in science," he added.
The Nobel Laureate gave a lecture on 100 years of visualising molecules at the Maharaja Sayajirao University of Baroda.
"When I studied in India, there were quality institutes here which does not exist now. We need good institutions and funding agencies to attract people back to the country," added Venkatraman.
"India underinvests in science compared to most western countries but that underinvestment is amplified by the fact that private research and development in India is abysmal," he added.
Ramakrishnan won 2009 Nobel Prize in Chemistry for his work on ribosome structure. He shared the prize with fellow scientists Thomas A Steitz and Ada Yonath.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
