This year's Budget therefore ought to lay the framework to deliver on this potential.
Research and innovation
For India to deliver on its aspiration of becoming a $10-trillion economy by 2035, we will need to pursue value-added growth. Research and innovation are fundamental for creating intellectual capital, thereby driving the kind of scientific and technological advancement that will help improve the lives of ordinary Indians and create a lasting global impact. Prime Minister Narendra Modi, in his recent address at the 108th Indian Science Congress, has articulated the strategic role of Science & Technology in shaping the country's future. In this context, I expect Budget 2023 to have a strong focus on science, technology and innovation.
The government has been incrementally funding basic and translational research up until now. This, coupled with a burgeoning startup ecosystem, is leading to the indigenous development of new technologies that are proving to be disruptive. It is a matter of pride that India has, for the first time, broken into the rank of Top 40 countries in the 132-nation Global Innovation Index (GII) for 2022.
Denne historien er fra February 11, 2023-utgaven av Businessworld India.
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Denne historien er fra February 11, 2023-utgaven av Businessworld India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
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Sharp Slide in Industrial Output on Eve of Deepavali
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Heralding the Solar Era with Sustainable Electrification
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A WELL-GREASED MACHINE
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DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
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Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
