Niti Aayog subordinate and eminent rocket idiosyncratic V.K. Saraswat has underscored the challenges connected India’s way to becoming a ‘Viksit Bharat’ (developed nation) by 2047.
Addressing students and probe scholars of Sri Venkateswara University connected “Research and Innovation: The Engine of Viksit Bharat @ 2047” astatine a programme organised successful relation with the Innovation Science and Technology Foundation (ISTF) successful Tirupati connected Friday, Dr. Saraswat identified encephalon drain, dilatory exertion transfer, probe work bias, inadequate probe culture, constricted interdisciplinary research, paucity of funds, deficiency of autonomy, and anemic industry-academia collaboration arsenic large bottlenecks successful achieving improvement done subject and technology.
He called for expanding R&D spending to 2–3% of GDP, encouraging backstage concern done the PPP mode, and providing taxation incentives for startups successful emerging exertion domains. Strengthening planetary R&D collaborations, helium said, would assistance India leverage planetary backing opportunities and expertise.
Dr. Saraswat besides advocated reforms successful STEM education, emphasising the inclusion of AI, robotics, and coding astatine the schoolhouse level to nurture aboriginal technological curiosity. While noting a steadfast information of women successful STEM courses up to the postgraduate level, helium pointed to a diminution astatine precocious stages, describing it arsenic an “emerging sociological gap.” The erstwhile Director-General of DRDO identified technological leadership, entrepreneurship, a sustainable and eco-friendly ecosystem, and youth-led innovation from universities arsenic the 4 pillars of Viksit Bharat. Against this backdrop, helium urged subject students to prehend opportunities successful emerging areas specified arsenic biotechnology, semiconductors, and artificial intelligence.
ISTF president D. Narayana Rao highlighted the imaginable of quantum navigation without GPS, urging the authorities to enactment aboriginal to seizure the exertion frontier. Although it mightiness instrumentality 5 to 10 years and necessitate important investment, helium said India could found a beardown planetary lead.
He besides recalled that the authorities of India had earmarked ₹50,000 crore for the Anusandhan National Research Foundation (ANRF) to beforehand collaboration among universities, probe institutions, government, and industry.
SVU Vice-Chancellor Tata Narasinga Rao reminisced astir his agelong relation with Dr. Saraswat during their DRDO days. SPMVV Vice-Chancellor V. Uma, ISTF Secretary T. Narayana Rao, and SVU Dean C. Chendrayudu besides spoke.

7 months ago
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