India's Gross Expenditure on Research and Development (GERD) has shown an increasing trend, reaching ₹244,767.81 crore in 2023-24.
GERD as a percentage of GDP increased from 0.66% in 2019-20 to 0.84% in 2023-24.
The private sector's share in total R&D expenditure surpassed the government sector, reaching 51.8% in 2023-24.
Government launched a ₹1.0 lakh crore Research, Development and Innovation (RDI) Fund to boost private sector R&D.
Anusandhan National Research Foundation (ANRF) established with a ₹14,000 crore Central Government provision to mobilize R&D funding.
Several national missions like National Quantum Mission and India Semiconductor Mission are promoting R&D.
Detailed Insights:
The Department of Science and Technology (DST)'s "Research & Development Statistics 2025-26" report tracks these trends.
Private sector R&D expenditure significantly increased from ₹44,753.54 crore in 2019-20 to ₹118,351.68 crore in 2023-24.
Higher Education Institutions' share in total R&D expenditure rose from 7.5% to 12.6% during the period.
The RDI Fund aims to catalyze private sector investment in high-risk and strategic research.
ANRF seeks to enhance collaboration and funding from non-governmental sources for research.
National Mission on Interdisciplinary Cyber-Physical Systems (₹3,660 crore) and National Supercomputing Mission are key initiatives.
Programmes like NIDHI, BIRAC, iDEX, and TIDE 2.0 strengthen indigenous technology development and industry linkages.
New policy frameworks like Geospatial Policy 2022, Space Policy 2023, and BioE3 Policy 2024 encourage private sector participation.
Key Concepts Involved:
Gross Expenditure on Research and Development (GERD): Total domestic expenditure on R&D performed within a country during a given period.
Anusandhan National Research Foundation (ANRF): An apex body established to foster research, innovation, and entrepreneurship across universities and colleges.
National Quantum Mission: A government initiative to develop quantum technologies and related applications in India.
Public-Private Partnerships (PPPs): Collaborative arrangements between government entities and private sector companies for projects or services.