PM Modi Launches ₹50,000 Crore Anusandhan National Research Foundation
Team Finance Saathi
10/Sep/2024
What's covered under the Article:
Prime Minister Modi chaired the inaugural meeting of the Anusandhan National Research Foundation (ANRF) on September 10, 2024, in New Delhi.
The ANRF will receive ₹50,000 crore in funding over five years from industry and philanthropists, aimed at transforming India into a knowledge-driven economy.
The foundation is part of a broader strategy to overhaul India's science and technology research framework and promote interdisciplinary research.
On September 10, 2024, Prime Minister Narendra Modi chaired the inaugural General Board meeting of the Anusandhan National Research Foundation (ANRF) in New Delhi. This landmark event marks a significant step in India's efforts to bolster its research and innovation landscape.
Anusandhan National Research Foundation (ANRF)
The newly established ANRF aims to revolutionize the research ecosystem across India's educational and research institutions. Its primary goal is to transform India into a knowledge-driven economy by fostering cutting-edge research and innovation. The foundation is set to receive a substantial funding of ₹50,000 crore over the next five years, sourced from a combination of industry contributions and philanthropic support.
Funding and Impact
This unprecedented funding underscores the commitment to overhauling India's science and technology research framework. The ANRF is envisioned as a catalyst for advancing interdisciplinary research and enhancing India's global standing in scientific research. The funding will be directed towards various initiatives designed to support and scale research activities, drive innovation, and cultivate a culture of excellence in science and technology.
Strategic Goals and Vision
The creation of the ANRF is part of a broader strategy to position India as a global leader in scientific research. By promoting collaboration across different fields of study and encouraging innovation, the foundation aims to address critical challenges and contribute to the nation’s progress in a rapidly evolving global landscape. The ANRF will serve as a pivotal institution in India's quest to enhance its research capabilities and achieve significant scientific breakthroughs.
The establishment of ANRF marks a pivotal moment in India’s research sector, with the potential to drive transformative changes and foster a more robust and innovative research environment.
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