The Prime Minister has released a new Science, Technology and Innovation Policy 2013 at the Indian Science Congress held at Kolkata. The Policy interalia aspires 'positioning India among the top five global scientific powers'. The policy goal is the establishment of a strong and viable Science, Research and Innovation system for High Technology led path for India (SRISHTI).
A few scientists seem to have expressed skepticism with respect to high growth in industrial R & D as reported in the media. The Government, while formulating the STI Policy held extensive discussions with industrial sector at the meetings organized by overarching industry chambers. Besides, a Joint Committee set up by the Government has prepared a report on stimulation of investment of private sector into Research and Development (R & D). At this stage, there is reasonable evidence against the skepticism.
Union Minister of Science &Technology and Earth Sciences Shri S.Jaipal Reddy gave this information in reply to a written question in the Rajya Sabha today.