PM Unveils New Science, Technology and Innovation Policy

New Delhi, January 3, 2013: The Prime Minister Dr. Manmohan Singh, unveiled the Science, Technology and Innovation Policy (STI) 2013 by presenting its first copy to the President of India Shri Pranab Mukerjee at the inaugural session of the Centenary session of the Indian Science Congress at Kolkatta today.

The STI Policy seeks to send a signal to the Indian scientific community, both in the private and public domain, that science, technology and innovation should focus on faster, sustainable and inclusive development of the people. The policy seeks to focus on both STI for people and people for STI. It aims to bring all the benefits of Science, Technology & Innovation to the national development and sustainable and more inclusive growth. It seeks the right sizing of the gross expenditure on research and development by encouraging and incentivizing private sector participation in R & D, technology and innovation activities.

The policy also seeks to trigger an ecosystem for innovative abilities to flourish by leveraging partnerships among diverse stakeholders and by encouraging and facilitating enterprises to invest in innovations. It also seeks to bring in mechanisms for achieving gender parity in STI activities and gaining global competitiveness in select technological areas through international cooperation and alliances. The policy goal is to accelerate the pace of discovery, diffusion and delivery of science led solutions for serving the aspirational goals of India for faster, sustainable and inclusive growth. A Strong and viable Science, Research and Innovation system for High Technology led path for India (SRISHTI) are the goal for the STI policy.