India Spearheads Science and Tech Revolution: Modi's Vision Unveiled
Prime Minister Narendra Modi announced major investments and reforms to propel India as a global leader in science and technology. Launching the Emerging Science, Technology and Innovation Conclave, Modi emphasized fostering private investment and inclusive innovation, highlighting a new Rs one lakh crore fund to support high-impact research and development.
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In a significant push towards positioning India as a leader in science and technology, Prime Minister Narendra Modi on Monday emphasized the country's commitment to fostering high-risk and high-impact research. Addressing the inaugural Emerging Science, Technology and Innovation Conclave, Modi stressed the importance of private investments in this transformative domain.
The prime minister introduced a Rs one lakh crore Research, Development, and Innovation Fund at the event, designed to galvanize private sector interest and investment in research and development. He highlighted this as a pivotal step in unlocking new opportunities and benefiting the broader public.
Modi underscored the government's targeted reforms to create a conducive ecosystem for innovation, including streamlined financial and procurement regulations. He noted the Anusandhan Research Foundation's role in advancing university-level research and applauded the increasing participation of Indian women in STEM fields, positioning India as a proactive force in global technology transformation.