NRF: A landmark initiative

Four years after being announced, the National Research Foundation has been cleared by the Cabinet, and the legislation will now go to Parliament. While the rules of how it will function are still being worked out, there are positive aspects to celebrate, and a few areas that need to be fixed.
 
What is needed: When comparing India with other countries, a few things stand out (see table). India’s overall R&D spending at 0.6 per cent of gross domestic product (GDP) is very low: At the same level for 40 years, while countries like South Korea, Taiwan, Israel, Singapore and

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