weather_iconDublin | 6.21 °C | AQI 30
Monday, 16 December, 2024

---Advertisement---

India

Union Cabinet approves to introduce National Research Foundation Bill 2023

Cabinet Meeting: The Union Cabinet, chaired by Prime Minister Narendra Modi on Wednesday approved the introduction of the National Research Foundation (NRF) Bill, 2023 in the Parliament. As per the government, the approved Bill will pave the way to establish NRF that will seed, grow and promote Research and Development (R&D) and foster a culture […]

Modi Cabinet meeting
Image Credits: ANI

Cabinet Meeting: The Union Cabinet, chaired by Prime Minister Narendra Modi on Wednesday approved the introduction of the National Research Foundation (NRF) Bill, 2023 in the Parliament. As per the government, the approved Bill will pave the way to establish NRF that will seed, grow and promote Research and Development (R&D) and foster a culture of research and innovation throughout India’s universities, colleges, research institutions, and R&D laboratories.

The bill, after approval in the Parliament, will establish NRF, an apex body to provide high-level strategic direction of scientific research in the country as per recommendations of the National Education Policy (NEP), at a total estimated cost of Rs. 50,000 crores during five years (2023-28).

---Advertisement---

The Department of Science and Technology (DST) will be the administrative Department of NRF which will be governed by a Governing Board consisting of eminent researchers and professionals across disciplines. Since the scope of the NRF is wide-ranging – impacting all ministries – the Prime Minister will be the ex-officio President of the Board and the Union Minister of Science & Technology & Union Minister of Education will be the ex-officio Vice-Presidents. NRF’s functioning will be governed by an Executive Council chaired by the Principal Scientific Adviser to the Government of India.

NRF will forge collaborations among the industry, academia, and government departments and research institutions, and create an interface mechanism for participation and contribution of industries and State governments in addition to the scientific and line ministries. It will focus on creating a policy framework and putting in place regulatory processes that can encourage collaboration and increased spending by the industry on R&D.

---Advertisement---

The bill will also repeal the Science and Engineering Research Board (SERB) established by an act of Parliament in 2008 and subsume it into NRF which has an expanded mandate and covers activities over and above the activities of SERB.

Also Read: Online nomination for Padma Awards begins, details inside

HISTORY

Written By

Aditya Singh


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

Latest LIVE News Trending Today, Real Time Updates: West Bengal Congress Holds Protest Rally Towards Bangladesh High Commission On Vijay Diwas

Dec 16, 2024
Latest LIVE News Trending Today, Real Time Updates
  • 19:42 (IST) 16 Dec 2024

    'I Don't Want To Contest The Election' Says Educator Khan Sir

  • 19:13 (IST) 16 Dec 2024

    Sri-Lankan President Anura Kumara Dissanayake Meets PM Narendra Modi

  • 18:04 (IST) 16 Dec 2024

    Vice President Jagdeep Dhankhar Meets Sri Lankan President Anura Kumara

N24 Shorts Logo

SHORTS

Sports

IPL 2025: 3 RCB Stars Who Shone Bright In SMAT 2024!

Some of the prominent players of RCB who played brilliantly in the tournament.

View All Shorts

---Advertisement---

Trending