Union Cabinet Approves National Research Foundation (NRF) Bill To Foster Research And Development

FacebookFacebookTwitterTwitterEmailEmailWhatsAppWhatsAppLinkedInLinkedInShareShare

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has granted approval for the introduction of the National Research Foundation (NRF) Bill, 2023 in Parliament. This landmark Bill aims to establish the NRF, which will play a pivotal role in seeding, nurturing, and promoting Research and Development (R&D) while cultivating a culture of research and innovation across India’s universities, colleges, research institutions, and R&D laboratories.

The approved Bill, in line with the recommendations of the National Education Policy (NEP), will create the NRF as an apex body responsible for providing high-level strategic direction to scientific research in the country. The estimated total cost over a five-year period (2023-2028) for establishing the NRF is Rs. 50,000 crore.

Under the administrative purview of the Department of Science and Technology (DST), the NRF will be governed by a distinguished Governing Board comprising eminent researchers and professionals from diverse disciplines. Given the extensive scope of the NRF’s activities, which impact various ministries, the Prime Minister will serve as the ex-officio President of the Board, while the Union Minister of Science & Technology and Union Minister of Education will serve as ex-officio Vice-Presidents. The NRF’s operations will be overseen by an Executive Council headed by the Principal Scientific Adviser to the Government of India.

The NRF will facilitate collaborations among industry, academia, government departments, and research institutions, fostering an interface mechanism for the active participation and contribution of industries and state governments, alongside scientific and line ministries. It will focus on creating a policy framework and regulatory processes that encourage collaboration and increased investment in R&D by the industry.

Additionally, the Bill will repeal the Science and Engineering Research Board (SERB) established under an act of Parliament in 2008 and incorporate it within the NRF. The NRF’s expanded mandate will encompass activities that go beyond those of the SERB.

Nunnem Gangte

Recent Posts

“Assess Glass Industry Impact On Taj Mahal”: Supreme Court To NEERI

The Supreme Court on Tuesday directed the National Environmental Engineering Research Institute (NEERI) to conduct…

4 hours ago

Supreme Court To Examine Kerala’s Plea On Governor’s Delay In Signing Bills

The Supreme Court on Tuesday said it will examine whether its recent judgment in a…

5 hours ago

SC Raises Concerns Over AI Replacing Drivers Amid Hearing On EV Policy

The Supreme Court on Tuesday expressed apprehension that the rise of Artificial Intelligence could pose…

5 hours ago

Karnataka High Court Dismisses Petition Challenging CM Siddaramaiah’s 2023 Election Victory

The Karnataka High Court on Tuesday dismissed a petition challenging the election of Congress leader…

5 hours ago

“A Caste Can’t Be Classified Into Different Groups For Reservation In Education, Jobs”: Karnataka HC

The Karnataka High Court has ruled that the same community cannot be assigned different reservation…

6 hours ago

Supreme Court to Hear Contempt Plea Against BJP MP Nishikant Dubey Next Week

The Supreme Court on Tuesday agreed to hear next week a plea seeking contempt of…

8 hours ago