This is an archive article published on September 1, 2019
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To take India to $5 trillion economy, high-quality research, innovation needed: K Kasturirangan

The NEP chairman stated that the proposed NEP has recommended Rs 20,000-crore seed funding for research-based activities in colleges, universities and institutions.

Written by: Anjali Marar
3 min readPuneSep 1, 2019 09:30 AM IST First published on: Sep 1, 2019 at 09:30 AM IST
$5 trillion economy, 5 trillion dollar economy, india economic slowdown, economic slowdown While the NEP is under the consideration of the Union government, the policy has, according to those involved in the drafting, received support and acceptance of 75 per cent stakeholders. (File)

The quality of research and innovations outputs in India will have to improve to better contribute towards taking India to a $5 trillion economy, K Kasturirangan, eminent scientist and chairman of the National Education Policy (NEP), said in Pune on Saturday.

He was addressing a day-long seminar — ‘National Education Policy (NEP) 2019’ — jointly organised by the Centre for Educational Development Administration (CEDA) and Sir Parshurambhau College (SP) in the city.

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“Over the years, the quality of research at over 800 of our universities has suffered badly and the innovations have remained poor. If India is targeting to become a $5 trillion economy, we will have to strengthen our research and innovations,” said Kasturirangan, who stated that the proposed NEP has recommended Rs 20,000-crore seed funding for research-based activities in colleges, universities and institutions.

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