Page 2 - India's R&d Spending
Nearly 0.7% of GDP spent on R&D, strengthening of S&T infra from 2014-19
Nearly 0.7 per cent of the GDP was spent every year on research and development, including strengthening of science and technology infrastructure, during 2014-15 to 2018-19, Rajya Sabha was informed on Tuesday. In a written response to a question in Rajya Sabha, Science and Technology Minister Jitendra Singh said the Gross Expenditure on Research and Development (GERD) has been consistently following an increasing trend and during the last 10 years, the GERD of India in gross terms has increased by three times. However, the investments by the private sector to R&D have been inadequate. Unlike other advanced countries where more than 70 per cent contribution of GERD comes from the private sector, in India the private sector contribution to GERD is less than 40 per cent, he said. "As per the latest available R&D statistics, nearly 0.7 per cent of GDP (gross domestic product) is spent every year on R&D, including strengthening Science and Technology infrastructure during ...
 "Nearly 0.7% of GDP spent on R&D, strengthening of S&T infra from 2014-19")
No 'jugaad': Businesses must raise R&D spend, says Economic Survey
India's gross expenditure on R&D is 0.65% of GDP, significantly lower than top 10 economies' spend of 1.5-3%
 "No 'jugaad': Businesses must raise R&D spend, says Economic Survey")
Listed firms spent Rs 36,000 crore on R&D in 6 years, just 0.9% of revenues
As a percentage of GDP, R&D spends in India have averaged 0.7 per cent in the past six years, ICICI Securities's analysis showed
 "Listed firms spent Rs 36,000 crore on R&D in 6 years, just 0.9% of revenues")
Govt launches website to support entities involved in R&D in coal sector
The government on Friday announced the launch of a website for entities involved in research and development (R&D) in the coal sector. The website, which has been designed and developed by Coal India subsidiary Central Mine Planning and Design Institute, was launched by Coal Secretary Anil Kumar Jain. "The website will help in disseminating and promoting the knowledge and research work in the coal sector," Jain said. The website broadly displays the guidelines for implementing coal research projects with various forms, so that anybody can submit proposals in requisite manner. It also has lists and outcomes of complete projects and ongoing researches to have a transparency and avoid repetitive nature of projects. It also showcases photos, videos and news clippings related to the coal and lignite sector, and various publications are also available on the website. The website also contains identified thrust areas for future coal research keeping in view the future needs of the ...
 "Govt launches website to support entities involved in R&D in coal sector")
Experts suggest policy changes to boost coronavirus research & development
Funding Covid-related research now included in CSR spends
 "Experts suggest policy changes to boost coronavirus research & development")
Lack of R&D, funding, and vision holding back Indian leather makers
The third of a 5-part series analyses the reasons behind the shrinking foothold of the sector
 "Lack of R&D, funding, and vision holding back Indian leather makers")
CARE downgrades Hindustan Aeronautics' rating as receivables rise
HAL is majorly owned by the government and has a strategic role in the defence programme.
 "CARE downgrades Hindustan Aeronautics' rating as receivables rise")
Samsung to recruit 1,200 engineers from IITs, BITS for India R&D this year
The South Korean giant hired 1,000 engineers last year from top engineering colleges including IITs, NITs and IIIT, giving a thrust to New-Age domains like AI, IoT, Machine Learning among other things
 "Samsung to recruit 1,200 engineers from IITs, BITS for India R&D this year")
R&D spends rise for India Inc, but still a fraction of net sales
Tata Motors tops with Rs 4,224.6 cr, or 1.4% of its net sales. A lot of it is due to JLR
 "R&D spends rise for India Inc, but still a fraction of net sales")
India Inc's expenditure on R&D declines to lowest level in six years
Lower expenditure by pharmaceutical companies may be a key reason for the fall
 "India Inc's expenditure on R&D declines to lowest level in six years")
Target R&D expenditure of 2% of GDP by 2022, says PM economic panel
The growth in R&D expenditure should be commensurate with the economy's growth and should be targeted to reach at least 2 per cent of the GDP by 2022, according to the Economic Advisory Council to the Prime Minister (EAC-PM). In a report titled 'R&D Expenditure Ecosystem', the EAC-PM said that the line ministries at the Centre could be mandated to allocate certain percentage of their budget for research and innovation for developing and deploying technologies as per the priorities of the respective ministries. "The growth in R&D expenditure should be commensurate with the growth of GDP and should be targeted to reach at least 2 per cent of GDP by 2022," the report said. It pointed out that India's public investment in R&D as a fraction of GDP has remained stagnant over the last two decades. It has remained constant at around 0.6 per cent to 0.7 per cent of GDP and this is well below the major countries such as the US (2.8 per cent), China (2.1 per cent), Israel (4.3 ...
 "Target R&D expenditure of 2% of GDP by 2022, says PM economic panel")
Automobile R&D investments soar on new regulations, emerging technologies
Multiple factors have driven the increase in R&D spending
 "Automobile R&D investments soar on new regulations, emerging technologies")
Already at snail's pace, India Inc's R&D spending slowing down further
Low single-digit growth for the biggest of Indian companies
 "Already at snail's pace, India Inc's R&D spending slowing down further")
India's R&D spending is up but least among all BRICS nations
As much as 81.3% of R&D expenditure incurred by central government sources came from just eight major scientific agencies
 "India's R&D spending is up but least among all BRICS nations")
