Context: India's Gross Expenditure on Research and Development (GERD) rose to 0.83% of GDP in 2021-22, crossing the 0.8% mark for the first time since 2009-10. Private industry has overtaken the government as the largest contributor to national R&D spending, accounting for 51.8% of the total by 2023-24.
New government data disclosed in the Lok Sabha shows India's R&D spending has risen structurally, with a notable shift towards private-sector-driven research, even as India's GERD-to-GDP ratio remains well below that of major scientific powers.
Relevant to GS3 science and technology policy, this data reflects India's push under initiatives like Atmanirbhar Bharat and the National Research Foundation to boost innovation, and highlights the public-private R&D funding balance as a policy concern.
National Research Foundation; Anusandhan National Research Foundation Act, 2023; Science, Technology and Innovation Policy; Atmanirbhar Bharat; global R&D expenditure comparisons.
Test your understanding
Q1.Which ministry/department disclosed India's latest R&D spending statistics in the Lok Sabha?