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

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Research Foundation Billwill be brought inParliamentand the Science and Engineering Research Board Act, 2008 will be repealed.

The

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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.