Budget 2023 | ₹16,361 crore allocated for Ministry of Science and Technology
1 year, 10 months ago

Budget 2023 | ₹16,361 crore allocated for Ministry of Science and Technology

The Hindu  

The Ministry of Science & Technology has received an allocation of ₹16,361.42 crore in the Union Budget, a nominal increase of 15% from the previous budget estimate. Apart from the DST, it includes the Department of Biotechnology, which received ₹2,683.86 crore, a nominal hike of 3.9%, and the Department of Scientific and Industrial Research, which received ₹5,746.51 crore. The Biotechnology Industry Research Assistance Council under the DBT, an implementing body under the government’s ‘Mission COVID Suraksha’ in 2020 to develop COVID-19 vaccines and augment vaccine manufacturing, has received a 40% cut. India’s gross expenditure on research and development, which includes State government and private-sector investments, has been steadily declining since 2009-2010, making higher public sector investment in R&D a longstanding demand of the national research community.

Technology Research Crore Ministry Received Dst  received  allocated  ministry  vaccines  crore  16361  department  2023  science  research  hike  budget  technology

History of this topic

Budget 2024: Glass both half-full and half-empty for science Ministries
5 months ago

Budget 2024: Glass both half-full and half-empty for science Ministries

The Hindu  

The allocations for the traditional science Ministries and departments in the Union Budget presented by Union Finance Minister Nirmala Sitharaman on Tuesday present a dull picture against the 2023-2024 figures. The Department of Science and Technology received ₹8,029 crore, a marginal increase over the ₹7,931 crore from last year, but nearly two-thirds more than its utilisation of ₹4,891.78 crore. The …

Government moots ₹1 lakh-crore corpus for research and development in interim Budget
10 months, 3 weeks ago

Government moots ₹1 lakh-crore corpus for research and development in interim Budget

The Hindu  

Signalling a commitment to research and innovation for India’s “tech-savvy youth,” Finance Minister Nirmala Sitharaman, in her Interim Budget speech on February 1, mentioned a corpus of ₹1 lakh crore, that would be available on ‘minimal or nil interest rates’ to “encourage” the private sector to invest in research and development in ‘sunrise sectors.’ It was not clear if this …

What are scientists saying about the science budget? The Hindu asked five.
1 year, 10 months ago

What are scientists saying about the science budget? The Hindu asked five.

The Hindu  

Budgets offer a mixed bag of goodies – so it is with science that has seen both promising and indifferent budgets over the years. Rajendran, National Institute for Advanced Studies India’s 2023-2024 Union Budget unveiled today indicates an allocation of Rs 2,000 crore more than what the Ministry of Science and Technology received in the previous budget. Dr Soumitro Banerjee, …

A shot for science: The Hindu Editorial on budget allocation for Ministry of Science & Technology
1 year, 10 months ago

A shot for science: The Hindu Editorial on budget allocation for Ministry of Science & Technology

The Hindu  

The Budget speech in the year preceding a general election is usually one that seeks to appease as wide a swathe of society as possible. The Deep Ocean mission — which includes among other components developing a deep-submersible vehicle — and the National Research Foundation have got substantially higher hikes than in previous years, a sign that they are the …

Budget 2023 | Marginal increase of 3.43% for health, research budget slashed by 6.87%
1 year, 10 months ago

Budget 2023 | Marginal increase of 3.43% for health, research budget slashed by 6.87%

The Hindu  

The Union Budget 2023-24 has announced an allocation of ₹89,155 crore for the Ministry of Health, which is 3.43% higher than its FY23 outlay of ₹86,200.65 crore. Of the ₹89,155 crore outlay, ₹86,175 crore has been earmarked for the Department of Health and Family Welfare and ₹2,980 crore for the Department of Health Research. As compared to FY22-23 when ₹3,200 …

Budget 2023 | Department of Space gets ₹12,500 crore, 8% less than previous year
1 year, 10 months ago

Budget 2023 | Department of Space gets ₹12,500 crore, 8% less than previous year

The Hindu  

The Department of Space expenditure has been slashed by 8% in the 2023-24 Union Budget, down to ₹12,543.91 crore, from ₹13,700 crore in the previous Budget estimate. This header encompasses the expenditure of ISRO’s various centres, including the Human Spaceflight Centre, as well as “developmental and operation projects” involving satellites and launch vehicles. Notably, the expenditure for space science, which …

Ministry of S&T Allocated Over Rs 1,600 Cr for Covid-related Research, Product Development
3 years, 4 months ago

Ministry of S&T Allocated Over Rs 1,600 Cr for Covid-related Research, Product Development

News 18  

The Ministry of Science and Technology has allocated over Rs 1,600 crore for COVID-19 related research and product development, the government informed Rajya Sabha on Tuesday. The Department of Biotechnology and its public sector undertaking Biotechnology Industry Research Assistance Council have allocated approximately Rs 1,300 crore for COVID-19 related research and product development, Science and Technology Minister Jitendra Singh said …

Discover Related