NRF has the potential to create an India rich in research and innovation, says Chocko Valliappa, MD of The Sona Group.
A news article from Social News XYZ, “National Research Foundation will democratize research excellence in India: Experts,” features the insight of Chocko Valliappa, MD of The Sona Group, on NRF funding. He expressed his belief that the increase in NRF funding can result in manifestation of a new era in Indian research and innovation.
In an interview with INAS, Chocko said, "NRF can be the vehicle that can put India on the world map as far as deep-technology research and innovation are concerned." India’s expenditure on research & development (R&D) is one of the lowest in the world. And the concerned initiative by NRF will boost India’s outcomes in R&D.
However, the current contribution in the funding from NRF is 10,000 crores over the five years, and the private sector’s is 36,000 crores, which is disappointing, adds Chocko. He expects the NRF to increase its funding to mend the imbalance and create a conducive space for the researchers.
The scope of the project is huge. He says, "In fact, it broadens the scope well beyond science and technology to social sciences, arts, and humanities."