in ,

Innovation Unleashed: Rs 20,000 Crore Propels India’s Research Revolution

In a significant boost to India’s scientific research, Finance Minister Nirmala Sitharaman has earmarked Rs 20,000 crore in the 2025-26 Union Budget for a comprehensive Research, Development and Innovation initiative. Building on last year’s private sector-led research push, this investment aims to empower people, stimulate the economy, and fuel technological advancements.

During her February 1, 2025 address, Sitharaman also unveiled a Deep Tech Fund of Funds designed to nurture next-generation start-ups. Additionally, the Budget introduces a National Geospatial Mission with Rs 100 crore allocation to develop foundational geospatial infrastructure under the Pradhan Mantri Gati Shakti plan. This mission will modernize land records, refine urban planning, and enhance infrastructure projects, while leveraging GIS for climate-responsive strategies.

The initiative also emphasizes urban cooling, with experts suggesting that GIS mapping should pinpoint heat pockets to guide funding for mitigation efforts. Furthermore, the Budget proposes 10,000 fellowships under the Prime Minister’s Research Fellowship scheme over the next five years, bolstering research at premier institutions such as IITs and IISc.

Allocations for key science departments have seen substantial increases. The Department of Science and Technology now commands Rs 23,290 crore, while DSIR and DBT receive Rs 6,657 crore and Rs 3,446.64 crore respectively, reflecting a robust commitment to innovation and research. These budgetary measures not only strengthen research capabilities but also pave the way for transformative innovation, ensuring India remains competitive on the global stage into the future. These strategic investments mark a turning point, driving India’s transformation into a global science and technology leader.

What do you think?

250 Points
Upvote

Written by RT team

The RT team is a diverse group of writers, analysts, and innovation enthusiasts united by a shared passion for the world of invention. With a collective experience spanning several years in technology, science, journalism, and innovation studies, they dedicate their skills to uncovering, understanding, and showcasing the most exciting advancements and trends in the industry.