1 month ago

Manish Tewari | Tech delayed is tech denied

India must invest in R&D India’s research and development sector continues to grapple with deep-rooted challenges, reflecting broader weaknesses in the country’s innovation ecosystem. Ranked 39th in the Global Innovation Index 2024, India’s R&D spending has declined from 0.83 per cent of GDP in 2009-10 to a mere 0.64 per cent today. Without bold reforms and stronger private sector participation, India’s aspirations of becoming a global technology powerhouse will remain elusive. A Pew Research Center survey reveals that 73 per cent of India’s lower-income population fears job losses due to automation, underscoring anxieties about economic inequality.

Deccan Chronicle

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