Cabinet nod to set up National Research Foundation to boost R&D

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The government approved a bill to set up theNational Research Foundation, a new funding agency to bolster the country’s research competence, Union minister Anurag Thakur said.

He said theNational Research Foundation Billwill be brought inParliamentand the Science and Engineering

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Research Board Act, 2008 will be repealed.

The NRF will be governed by a governing board consisting of 15 to 25 eminent researchers and professionals. The governing board will be headed by the prime minister, he noted.