New Delhi : The Modi government at the Center has decided to set up the National Research Foundation (NRF) to promote research in India. has decided. The proposal related to this has been approved in the meeting of the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday. It is being told in media reports that the government will present the National Research Foundation Bill 4836 in the monsoon session of Parliament.

Science And the new law will replace the Engineering Research Board Act

Information and Broadcasting Minister Anurag Thakur told the media During a conversation with, it was told that in the meeting of the Union Cabinet, the proposal related to the establishment of National Research Foundation (NRF) was approved. He told that the law that will come into force after the passage of this bill will replace the Science and Engineering Research Board Act of the year 2008. Steering committee will be formed

Anurag Thakur said that in order to provide high-level strategic momentum to the activities of the proposed National Research Foundation A steering committee will be constituted for this. In this as a member from to 35 will be eminent researchers and professionals. The Prime Minister will chair the steering committee. The Information and Broadcasting Minister informed that an Executive Council will also be constituted under the chairmanship of the Principal Scientific Adviser.

to be provided in five years 432 ,14 crore rupees He told that the year for 4836-14 From 2027-14 for a period of five years up to 36 Thousand crore rupees will be made available. Out of this 28 thousand crore rupees will be given by the Government of India, while the rest 41 Thousand crore rupees will be raised from industry, public sector enterprises, philanthropic donations etc.(