According to a report published by the National Science Foundation of the United States, Union Minister for Science and Technology Jitendra Singh revealed that India had moved up to third place in terms of global scientific publications and scholarly output. In terms of scientific publications, India has moved up from seventh place in 2010 to third place in 2020.
Jitendra Singh attributed this achievement to the government’s reforms. He claims that the government has contributed to the improvement of the ease of doing business in science, technology, and innovation (STI) activities, the launch of flexible tools for public procurement, and the creation of avenues for collaborative STI funding through portfolio-based funding mechanisms such as Public-Private-Partnerships and other innovative hybrid funding mechanisms. Additionally, the government has encouraged private sector investment to increase its share of GERD.
Additionally, India has the third-highest annual production of PhDs in the world. The number of patents granted to Indian scientists by the India Patents Office has more than doubled in just four years, following a similar upward trend.
The government’s treatment of research and development as a component of spending on corporate social responsibility (CSR) is another reform. As part of their corporate social responsibility (CSR), businesses can contribute to research efforts carried out by institutions and national research laboratories or invest in technology business incubators.