One Nation One Subscription Scheme Launched to Democratize Research Access in India
Team Finance Saathi
26/Nov/2024

What's covered under the Article:
- The One Nation One Subscription scheme offers access to over 12,000 research journals for 6,300 institutions.
- Funded with Rs. 6,000 crore, the initiative is set to run from 2025 to 2027.
- Aims to empower India's education sector by providing seamless access to scholarly research.
India took a significant step toward advancing its education and research infrastructure with the launch of the One Nation One Subscription scheme. Approved by the Union Cabinet under Prime Minister Narendra Modi, this groundbreaking initiative aims to democratize access to knowledge, empowering students, researchers, and faculty across the nation.
Revolutionizing Research Access
The One Nation One Subscription initiative is a game-changer in education, providing over 1.8 crore students and faculty members from more than 6,300 government institutions seamless access to 12,000+ research journals and publications. Partnering with 30 major global publishers, the scheme ensures that even smaller institutions can benefit from the same high-quality resources available to premier institutions.
Objectives and Vision
At its core, the scheme seeks to address the inequality in research access that has long hindered India's education sector. By making research content available through a centralized digital platform, it removes barriers related to cost and accessibility.
Key goals include:
- Enabling collaborative research among institutions.
- Enhancing the quality of education by providing up-to-date information on advancements in various fields.
- Supporting student innovation by offering unrestricted access to cutting-edge research.
Financial Commitment
The government has allocated a substantial Rs. 6,000 crore for the scheme, covering the period 2025-2027. This funding underscores the Modi administration’s commitment to transforming India's education and research landscape. By centralizing subscriptions, the government also aims to reduce duplication of efforts and costs across institutions, ensuring optimal utilization of resources.
How It Works
The initiative will leverage a user-friendly digital platform, designed to provide:
- Streamlined access to journals, ensuring ease of use for students and faculty.
- Comprehensive search and indexing tools to make research efficient.
- The ability to collaborate and share findings, fostering innovation across disciplines.
Benefits for India’s Education and Research Sector
This scheme marks a pivotal shift in India's approach to education. Key benefits include:
- Global Competitiveness: Students and researchers will have access to the same quality of resources as their global counterparts.
- Promotion of Inclusivity: Institutions across rural and urban areas can equally access world-class content.
- Fostering Innovation: By bridging the knowledge gap, the initiative will stimulate groundbreaking research and development.
The Current active IPO is Rajesh Power Services, C2C Advanced System, Enviro Infra Engineers and Lomosaic India.
A Step Towards Atmanirbhar Bharat
The One Nation One Subscription scheme aligns with the vision of Atmanirbhar Bharat, fostering self-reliance in education and research. With enhanced resources, Indian institutions can contribute more significantly to global research, while also nurturing local talent.
Looking Ahead
While the scheme is a monumental step forward, its success will depend on effective implementation and continuous evaluation. Institutions must ensure the platform is integrated into their academic systems, while the government will need to address potential challenges, such as technical issues and ensuring fair usage policies.
This initiative not only democratizes access to knowledge but also sets a new standard for how developing nations can invest in their intellectual and academic future.
The Upcoming IPOs in this week and coming weeks are Rajputana Biodiesel, Apex Ecotech, Abha Power and Steel, Agarwal Toughened, Ganesh Infraworld, Rosmerta Digital, Avanse Financial and Nisus Finance.
For those interested in exploring financial independence, investment opportunities, and learning about current affairs, platforms like Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today provide excellent resources for growing your knowledge and wealth. Additionally, staying informed through Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News can keep you updated on the latest trends in the world of finance.
Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for regular Share Market, News & IPO Updates.
Start your Stock Market Journey and Apply in IPO by Opening a Free Demat Account in Choice Broking FinX.