Promotion of R&D

The Government is taking several steps and measures from time to time to promote Research and Development in the Drugs and Pharmaceutical sector in the country. During the last three years (2003-04), 2004-05 and2005-06), it has invested Rs. 232.90 crores for promotion of R&D in Drugs & Pharmaceutical sector.

Some of the R&D programmes implemented by the Government to boost R&D in Drugs & Pharmaceutical sector are Drugs & Pharmaceuticals Research Programme of Department of Science & Technology (DST), New Millennium Indian Technology Leadership Initiative (NMITLI) of Council of Scientific and Industrial Research (CSIR), Technology Promotion, Development and Utilization (TPDU) programme of Department of Scientific & Industrial Research (DSIR), Small Business Innovation Research Initiative (SBIRI) of Department of Biotechnology (DBT), Offering Research Fellowships and human resource development and Weighted tax deduction under Income Tax Act for drug research & development.

This information was given by the Minister for Science & Technology and Earth Sciences, Shri Kapil Sibal in a written reply to a question in the Lok Sabha today.

Source : Press Information Bureau
Date : August 11, 2006