The Parliament has passed the "National Research Foundation (NRF) Bill 2025", paving the way for establishing the NRF as the apex body for scientific research in India. The NRF will have a total estimated cost of Rs 50,000 crore for five years (2025-2030). It aims to seed, grow, and promote R&D and foster a culture of research and innovation in universities and colleges.
📚 Test Your Knowledge:
Who will serve as the ex-officio President of the Governing Board of the newly established National Research Foundation (NRF)?
Correct Answer: Prime Minister