HindustanTimes Sun,28 Dec 2014

Need to hike science and technology spending: PM

IANS  Jammu, February 03, 2014
First Published: 12:03 IST(3/2/2014) | Last Updated: 12:12 IST(3/2/2014)

Prime Minister Manmohan Singh on Monday said that the country should increase its annual expenditure on science and technology.


"We must increase our annual expenditure on science and technology to at least 2% of the gross domestic product (GDP)," Manmohan Singh in his inaugural address at the 101st Indian Science Congress in Jammu.

"To do science, someone must pay for it," he added.

The prime minister also said that this should be a combined initiative of government and the industry.

"In countries such as South Korea, where a high percentage of GDP goes to science, the contribution of industry is significant," Manmohan Singh said.

He appealed to the corporate sector to join hands with the government in "realising the goals set for the nation".

"I am happy that our department of biotechnology has activated private public partnerships in research and development," he said.

more from India

Jharkhand: Raghubar Das sworn in as CM

The 20,000-strong crowd at the Birsa Munda Football Stadium cheered, shouted slogans and punished the tribal drums in their hands as Raghubar Das was sworn in as the tenth chief minister of Jharkhand on Sunday.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved