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In 2018, India’s R&D investments to touch $83.27 billion


At the 4th India International Science Festival, President of India, urged the scientific community to partner and mentor university researchers and students

By Team ABLE

The President of India, Shri Ram Nath Kovind, inaugurated the 4th India International Science Festival in Lucknow on October 6th, 2018.

Speaking on the occasion, the President said that science has always been a part of Indian culture. Centuries ago, our ancestors were uncovering the secrets of mathematics and the concept of the zero. They were applying the lessons of science in fields as far apart as medicine and metallurgy. From the Green Revolution to our space program to the creation of a thriving biotech and pharmaceutical industry, science has driven our post -1947 modernization. 

Today, in the first quarter of the 21st century, in the age of robotics and precision manufacture, of bioinformatics and gene editing, of the Fourth Industrial Revolution and Artificial Intelligence, it is time for a quantum jump.

The President said that the role of science and scientific innovation in our national developmental agenda is expanding day by day. In 2017, patent applications by Indian start-ups rose to 909. This was a 15-fold increase from the number in 2016 – just 61. 
He declared that in 2018, India’s R&D investments will amount to an appreciable US$ 83.27 billion. “The government has announced the Prime Minister’s Research Fellowship Scheme. It will promote development through innovation and has a budget of Rs 1,650 crore for seven years beginning 2018-19. These are exciting times for science in India. The resources are now available. It is for our talent pool to respond.”

The President said that science is done best when it is a collaborative venture, with resources – including funding resources – and facilities being shared. This is the era of partnerships between research centres and universities. He urged the scientific community to mentor and to open its doors to budding researchers and students in universities. He said that budding researchers and students look to senior scientists for guidance, support and access to laboratories and equipment. With such generosity of spirit and of intellect, Indian science will carry much greater weight. And it will move closer to building a best-in-class ecosystem.

The President pointed to the low participation of women in higher science. He noted that of the 3,446 scientists working at the Council of Scientific and Industrial Research, only 632 – or 18.3 per cent – are women. He said that in a week when women scientists have won Nobel Prizes for physics and for chemistry, this is a telling statistic. It is a reminder of the scientific potential of our daughters that we are not adequately harnessing. This is both a social and systemic challenge – but it is our collective responsibility to overcome it.