NEW DELHI: In a significant move to enhance the research and development landscape in India, the Union Cabinet, under the leadership of Prime Minister Shri Narendra Modi, has given its approval for the introduction of the National Research Foundation (NRF) Bill, 2023 in the Parliament. This landmark bill is set to establish the NRF, a pioneering institution that will catalyze and nurture research and innovation across universities, colleges, research institutions, and R&D laboratories throughout the country.
Once passed in the Parliament, the NRF Bill will pave the way for the establishment of the NRF, an apex body that will provide strategic guidance and direction for scientific research in alignment with the National Education Policy (NEP). With an estimated budget of Rs. 50,000 crore over a span of five years (2023-2028), the NRF aims to fuel and foster a culture of research and development.
The administrative responsibilities of the NRF will be entrusted to the Department of Science and Technology (DST). A Governing Board, comprising distinguished researchers and professionals from various disciplines, will oversee the functioning of the NRF. Notably, the Prime Minister will serve as the ex-officio President of the Board, while the Union Minister of Science & Technology and the Union Minister of Education will assume the roles of ex-officio Vice-Presidents. Furthermore, an Executive Council, chaired by the Principal Scientific Adviser to the Government of India, will govern the day-to-day operations of the NRF.
One of the key objectives of the NRF is to foster collaborations among industry, academia, government departments, and research institutions. It will act as an interface mechanism to encourage the active participation and contribution of industries and state governments, in addition to scientific and line ministries. By creating a robust policy framework and implementing regulatory processes that promote collaboration, the NRF aims to stimulate increased investment in research and development by the industry.
In a significant consolidation move, the NRF Bill also includes the repeal of the Science and Engineering Research Board (SERB), which was established by an act of Parliament in 2008. The activities of the SERB will be subsumed under the expanded mandate of the NRF, showcasing the commitment of the government to streamline and strengthen the research ecosystem in the country.
The introduction of the National Research Foundation Bill, 2023 marks a major milestone in India's pursuit of excellence in research and innovation. By providing the necessary support, resources, and guidance, the NRF is poised to propel India's scientific capabilities to new heights, driving advancements and breakthroughs across various domains and sectors.