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India: earlier this month, India announced plans to increase its funding to scientific agencies by 24% to $3.8 billion.

India: Earlier this month, India announced plans to increase its funding to scientific agencies by 24% to $3.8 billion. The country will continue its strong support of pharmaceutical research, with an allocation of $34.9 million in funding. The Department of Biotechnology will receive $106 million, a 27% increase from last year's budget. Making a concentrated effort to reestablish agricultural research, the country introduced the National Fund for Strategic Agricultural Research, which will receive $11.6 million. Also, the government will allocate $23.3 million to the Indian Institute of Science in order to establish top universities in the region.

Source: SciDev.net
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Title Annotation:Region Watch
Comment:India: earlier this month, India announced plans to increase its funding to scientific agencies by 24% to $3.8 billion.(Region Watch)
Publication:Instrument Business Outlook
Article Type:Brief Article
Geographic Code:9INDI
Date:Mar 15, 2005
Words:104
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