IMS Ghaziabad (University Courses Campus) Urges Government to Prioritize Basic Research Funding for Technological Advancement

According to the Global Innovation Index, India spends only 0.7% of its GDP on research and development. The other developed and advanced countries spend over 2% of their GDP on R&D. As one of the world’s largest producers of scientific literature, India must increase the size of the funding pie and ease the procedures to make the most efficient use of it.

“Research and evolution play a key role in the country’s technological advancement and innovation capabilities. The government must increase funding for basic research to build the country’s scientific infrastructure and attract top talent,” said Dr. Arun Kumar Singh, Director of IMS Ghaziabad (University Courses Campus).

IMS Ghaziabad (University Courses Campus) emphasizes the importance of research funding for technological advancement and innovation capabilities. As research scholars not receiving promised funds on time, and the lack of quality equipment required by researchers hinder the academic potential of the country. A larger part of research continues to be funded by government authorities, and the participation of the private sector has grown only incrementally. Therefore, the government must focus on streamlining bureaucratic processes to ensure the utilization of research funds, build the country’s scientific infrastructure and attract top talent.

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