The 2000 billion rupees assigned to DST launched a R & D fund of 100,000 rupees

New Delhi, February 1 (PTI) shows his commitment to R & D, alliance Minister of Finance Nilmala Sitharaman assigned Saturday BleakThe Ministry of Science and Technology is 2 billion Rs Rsitarian, as a corpus that promotes the funds that drives innovation in private sector to promote the private sector.

Sitharaman announced the establishment BleakThe R & D fund of 10 million rupees in the budget in July last year.

The allocation in the budget on Saturday will start the fund, which aims to support the research and development of deep technology and the field of yen.

“Implementing the private sector -oriented research, development and innovation plan announced in the July budget, I am now allocating Bleak200 billion, “Sitraman said.

The Minister of Finance also said that it will explore a deep fund fund for the 2025-26 fiscal annual alliance budget to catalyze the next generation of startups as part of the plan.

“This year’s distribution will start this fund this year, and said this year, and it has taken a significant driving force for the research and development of the private sector in the field of deep technology and the sunrise. One step. “Secretary of the Department of Science and Technology.

The government has decided to intervene in promoting the research and development of the private sector. Although the purpose is tax -free, this has not been obtained.

The economic survey was proposed in the parliament on Friday that the private sector was not interested in the consumption of the private sector.

Chief Economic Consultant complained that Anantha Nageswaran said at a press conference held on Friday that although the government provided many incentive plans, the research and development expenditure of private sector was very low.

He added that the government contributed 50 % of the country’s total R & D total expenditure, while the expenditure of commercial enterprises accounted for only 41 %.

NAGESWARAN also worried about the research and development investment of the private sector.

He said R & D is an area where the private sector should be improved.

Since the Department of Science and Technology is the node department that drives the fund, its budget distribution and Bleak8,29 million to Bleak28.58.9 million.

Biotechnology system has been assigned Bleak3,446.64 million, hiking BleakThe budget allocation is 1,170.94 million million BleakUS $ 227.57 billion in July budget.

The Department of Science and Industry Research has received Bleak6,657.78 million BleakThe 2024-25 fiscal year was 6,323.41 million.

Atomic Energy has received Bleak24,49.10 million opposition Bleak24,968.988 million.

Space Department has allocated Bleak13,416.2 million, from Bleak13,42.755 million.

Budget has been allocated BleakA variety of Indian Space Research Organization (ISRO) centers of 1023.02 billion US dollars, such as Vikram Sarabhai Space Center, UR RAO Satellite Center, Human Aerospace Center and various projects, including launch vehicle development.

Space application has won the second largest share Bleak1,706.8 million, support centers, such as space application centers, development and educational communication departments, and national remote sensing centers.