ReferIndia News Union Minister Dharmendra Pradhan Urges Private Sector To Boost Research Investment, Seeks 50-50 Govt-Industry Funding Ratio

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Union Minister Dharmendra Pradhan Urges Private Sector To Boost Research Investment, Seeks 50-50 Govt-Industry Funding Ratio

Published on: May 5, 2026, 11:02 p.m. | Source: Free Press Journal

Union Minister Dharmendra Pradhan urged private sector investment in research, saying 70% ofIndia’s R&D funding comes from the government. He called for a 50-50 funding model, citing a ₹1 lakh crore corpus and rapid startup growth to over 2.5 lakh firms, along with India’s rise in the Global Innovation Index.

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