• About us
  • Contact us
  • Our team
  • Terms of Service
Tuesday, January 13, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Govt has limitations, private sector should step in to fund R&D: Jitendra Singh

Press Trust of india by Press Trust of india
July 10, 2025
in BUSINESS
A A
0
FacebookTwitterWhatsapp

New Delhi: Union Science and Technology Minister Jitendra Singh on Thursday made a strong pitch for a greater role for the private sector in funding research initiatives, contending that the government has its limitations and should be a facilitator.

Singh was speaking at a function to release a NITI Aayog report on ‘Roadmap for Strengthening State S&T Councils’. The report said that about 67 per cent of India’s research publications are contributed by 450 centrally-funded institutions.

More News

ISRO”s PSLV-C62 rocket encounters ”anomaly,” deviates from flight path, misses orbit

General Budget on Sunday February 1: LS Speaker Om Birla

Economy faces many challenges, meaningful steps needed in Budget: Congress

Load More

“We need to have a change in mindset. The question is not 67 per cent centrally funded or why not equally state funded. I would be unorthodox. Why at all 100 per cent Centre or State,” Singh said, making a case for private sector participation.

“If you are thinking of a global role for yourself, most of the successful scientific ventures across the world do not depend on the government,” Singh said.

The minister said that there was a need to integrate the private sector as much as possible, and cited the recently established Anusandhan National Research Foundation to provide high-level strategic directions for research, innovation and entrepreneurship in the fields of science.

“The government has its limitations, it can be funding everything for your research. It has to look after other things as well,” Singh said.

The report stated that the State S&T Councils, though functioning within a shared national model framework, demonstrate significant heterogeneity in their governance models, funding structures, manpower capacities and programmatic focus.

“While some states have leveraged S&T institutions to drive innovation and technology-led growth, others face several challenges related to fragmented mandates, irregular funding flows, and weak institutional capacities,” the report said.

It said that many councils are constrained by non-regularised manpower, absence of performance-linked incentives and limited autonomy in decision-making, impeding long-term planning and execution.

The report called for a comprehensive blend of structural reforms, capacity-building efforts and strategic partnerships to enhance the effectiveness and responsiveness of these councils.

Key issues addressed include inadequate financial resources and diversification, lack of state-specific S&T need mapping, weak institutional substructures, limited collaboration with industry and academia, fragmented R&D support, underutilisation of STI data, insufficient recognition of scientific talent and weak interlinkages with central agencies and other institutions.

Previous Post

ACB arrests Patwari in bribery case in Ramban

Next Post

Govt revises SMILE scheme to provide ‘life of dignity’ for beggars

Press Trust of india

Press Trust of india

Related Posts

ISRO”s PSLV-C62 rocket encounters ”anomaly,” deviates from flight path, misses orbit

ISRO launches India’s third moon expedition with an eye on future inter-planetary missions, soft landing on Aug. 23
January 12, 2026

Sriharikota (Andhra Pradesh):  ISRO's PSLV-C62 rocket carrying 16 satellites, including a foreign Earth Observation satellite, "encountered an anomaly", the space...

Read moreDetails

General Budget on Sunday February 1: LS Speaker Om Birla

P20 Summit: India’s Parliament to foster global cooperation on key issues
January 12, 2026

New Delhi:  In a first, Finance Minister Nirmala Sitharaman will present the general budget in Parliament on Sunday, February 1,...

Read moreDetails

Economy faces many challenges, meaningful steps needed in Budget: Congress

January 12, 2026

New Delhi: The Congress on Monday hoped that the forthcoming Union Budget will take meaningful steps to address the challenges...

Read moreDetails

Modi raises investment pitch, ‘Amid great global uncertainty, unprecedented certainty in India’

India-Middle East-Europe corridor will become basis of world trade for centuries: PM Modi
January 11, 2026

Rajkot:  Prime Minister Narendra Modi on Sunday said India is currently witnessing an era of unprecedented certainty and political stability,...

Read moreDetails

RBI advocates disclosure of NPA, inspection info; banks oppose; matters in CIC

RBI holds meeting of Steering Sub Committee of J&K SLBC
January 11, 2026

New Delhi: Four major banks -- Bank of Baroda, RBL Bank, Yes Bank and State Bank of India -- have...

Read moreDetails

India tightens crypto noose: Live selfies, geo-tagging now mandatory for users

January 11, 2026

New Delhi: In an effort to eliminate illegal activity in the digital asset market, India's Financial Intelligence Unit (FIU) has...

Read moreDetails
Next Post

Govt revises SMILE scheme to provide 'life of dignity' for beggars

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.