GS3 · 15 marks · 250 words

Research and Development is the key to unlock the potential of 'knowledge economy.' In this perspective, analyse the role of the National Research Foundation Bill, 2023 in democratizing the research ecosystem in India.

Answered by 5 toppers · CSE 2023

Syllabus: Science and Technology- developments and their applications and effects in everyday life.

How toppers approached it

From 4 of the 5 answers · about 240 words · 75% drew a diagram.

Opening

  • No separate opening2 of 4
  • A figure1 of 4
  • A definition1 of 4

Body

  • Points and prose3 of 4
  • Points1 of 4

Close

  • No separate close2 of 4
  • A way forward2 of 4

The toppers’ answers

Kunal RastogiAIR 15 · CSE 2023 · 237 wordsTheir whole copy

Opening

Recently, National Research Foundation Bill was introduced by Union Govt to leverage India's talent to become Knowledge Economy and Vishwa guru Indian Knowledge Economy

Body · points and prose

Research foundation bill, 2023

  • based on US National Science foundation
  • Focus on industry-academia linkage.
  • Under the Chairmanship of PM and esteemed educationist
  • 50000cr Corpus over next 5 years

Indian Knowledge Economy

  1. Rich history starting from → Sushruta, Aryabhatta, Brahmagupta.
  2. However, post Macaulay Minutes, India Knowledge became subject to British
  3. Even in Post-independent India, Knowledge was primarily contained within elite institution like IIT, DRDO

NRF, 2023 → democratising research ecosystem

(1) Extend the funding given by govt beyond traditional IIT to include regional colleges, private University, Research labs. eg → UGC → 65% funding to IIT

(2) Extend scope of research beyond science to include art, Humanity, biological research

(3) Streamline regulations to encourage private investment in addition to govt grant of 50000 crore → increase R&D → 0.6% → 2% of GDP.

(4) Encourage foreign collaboration - eg → SPARC

(5) Synergise existing scheme like KIRAN, CURIE, ASPIRE for optimum allocation

(6) Prioritise Research by woman, SC/ST Scientist for inclusive growth model

Limitation

(1) Bureaucratisation of fund allocation process. (2) Limited Private participation in the governing board (3) laws like recent IIM Amendments, 2023 further increase regulatory burdens (4) stringent background check for foreign collaboration (5) limited Higher Education Private labs → so reduced scope of giving them grants.

Way forward → Israel model of statutory R&D budget → USA → use fund of fund methods.

Close · a way forward

can be useful guidelines to combine Knowledge economy with demographic dividend to realise Vishwaguru Status

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