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NITI Aayog recommends overhauling India’s research ecosystem to enhance global leadership. Despite ranking 38th in innovation, India's 0.64% GDP R&D spending remains stagnant. The report urges reducing bureaucracy, utilizing the ₹1 Lakh Crore ANRF fund, and boosting private investment.
Click to View MoreIndia’s Viksit Bharat 2047 vision faces a major hurdle in its weak R&D ecosystem, with spending stuck at 0.64% of GDP and poor private participation. Despite steps like the Anusandhan National Research Foundation, closing the academia–industry gap and raising R&D investment to 2% of GDP remain essential for global innovation leadership.
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