For every Rs 100 India spends on R&D, govt gives Rs 48, pvt Rs 45
The balance of research and development funding has shifted, with government and private industry now investing nearly the same amount. In recent years, private sector contributions to research have seen a notable rise. Government spending is concentrated on sectors deemed strategic and beneficial to the public. Additionally, multinational corporations are increasingly influential in shaping India's research environment, although the overall research intensity still lags behind other major economies.
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