Union Budget 2025: Science Ministry gets “historic” funding hike powered by corpus to finance private R&D

Budget allocation of ₹20,000 is almost triple the usual amount; will be used to fund the private sector and startups in sunrise sectors, says DST Secy; currently, less than 1% of GDP spent on R&D due to low private participation

Feb 1, 2025 - 22:15
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Union Budget 2025: Science Ministry gets “historic” funding hike powered by corpus to finance private R&D
Budget allocation of ₹20,000 is almost triple the usual amount; will be used to fund the private sector and startups in sunrise sectors, says DST Secy; currently, less than 1% of GDP spent on R&D due to low private participation

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