3. SCIENCE, TECHNOLOGY AND INNOVATION POLICY (STI) 2013

♤ Government unveiled the Science, Technology and Innovation Policy (STI) 2013.

♤ The STI Policy seeks to send a signal to the Indian scientific community, both in the private and public domain, that science, technology and innovation should focus on faster, sustainable and inclusive development of the people.

♤ It aims to bring all the benefits of Science, Technology & Innovation to the national development and sustainable and more inclusive growth.

♤ It seeks the right sizing of the gross expenditure on research and development by encouraging and incentivizing private sector participation in R & D, technology and innovation activities.

♤ The policy also seeks to trigger an ecosystem for innovative abilities to flourish by leveraging partnerships among diverse stakeholders and by encouraging and facilitating enterprises to invest in innovations.

♤ It also seeks to bring in mechanisms for achieving gender parity in STI activities and gaining global competitiveness in select technological areas through international cooperation and alliances.

♤ The policy goal is to accelerate the pace of discovery, diffusion and delivery of science led solutions for serving the aspirational goals of India for faster, sustainable and inclusive growth.

♤ A Strong and viable Science, Research and Innovation system for High Technology led path for India (SRISHTI) are the goal for the STI policy.