Education Minister Dharmendra Pradhan has said that the Government proposes to set up a National Research Foundation (NRF) to strengthen the research ecosystem in the country.
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NRF is being envisaged as an umbrella structure that will improve linkages between Research and Development, academia and industry.
The total proposed outlay of NRF is 50,000 crore rupees over a period of five years.
One of the main objectives of NRF is to seed, grow and facilitate research at academic institutions, particularly at universities and colleges, where research capacity is currently in a nascent stage.
