DST–FICCI Workshop Highlights Private Sector’s Role in Strengthening National S&T Survey 2024-25

Experts emphasise reliable data sharing from industries as key to shaping evidence-based policies, boosting R&D investments, and advancing India’s science, technology, and innovation ecosystem

The Department of Science & Technology (DST), Government of India, in collaboration with FICCI, organised a high-level workshop in the capital to deliberate on the National Survey on Resources Devoted to Scientific & Technological (S&T) Activities 2024-25. The event underscored the critical role of the private sector in supporting India’s science, technology, and innovation ecosystem through stronger participation and reliable data sharing

Senior officials, industry leaders, researchers, and representatives from international agencies agreed that comprehensive and high-quality data forms the backbone of evidence-based policy decisions.

Need for stronger industry participation

Dr. Arvind Kumar, Advisor and Head of NSTMIS (DST), called on industries to proactively share data, stressing that higher response rates and accuracy were essential for the success of the survey. He noted that while corporates in advanced economies contribute nearly 70–75% of total R&D spending, India’s share stands at only 36.5%. India currently invests about 0.64% of GDP in R&D, though GERD has more than doubled in the past decade—from ₹60,196 crore in FY2010-11 to ₹1.27 lakh crore in FY2020-21.

DST–FICCI Workshop Highlights Private Sector’s Role in Strengthening National S&T Survey 2024-25

Dr. Kumar also highlighted government initiatives to encourage private innovation, including the proposed ₹1 lakh crore Research, Development & Innovation (RDI) Fund to provide long-term concessional financing to corporates and startups working in areas such as AI, robotics, quantum computing, renewable energy, and digital agriculture.

Perspectives from government and experts

Shri Vinay Kumar, Head of the Industrial R&D Promotion Programme (DSIR), observed that although India has over three lakh registered firms, only 40,000 are covered in national databases. He urged industry to consider data submission a national responsibility.

UNESCO’s Regional Statistical Advisor, Shailendra Sigdel, flagged challenges in data collection across developing countries and emphasised aligning with international standards like the Frascati Manual. Former NSTMIS head Dr. Praveen Arora called for simplification of survey instruments to improve participation.

DST–FICCI Workshop Highlights Private Sector’s Role in Strengthening National S&T Survey 2024-25

Industry voicesFrom the corporate sector, IBM India’s Shri Sankalp Sinha stressed the need for transparent definitions and wider dissemination of results to build industry trust. Forus Health’s CTO, Shri S. Venkatakrishnan, highlighted the importance of long-term investments in high-impact sectors and recommended designing incentives to make data sharing a collaborative responsibility rather than a burden.

Mankind Pharma’s Mr. Ayekansh Tyagi proposed practical measures such as linking data submission to grant eligibility, engaging student interns for data collection, and regular progress reviews. Citing China’s aggressive fiscal strategies, he urged India to strengthen its competitive edge in global R&D.

The way forward

The workshop concluded with consensus that enhancing private sector participation and ensuring data quality in the National S&T Survey will be crucial for evidence-based policymaking, accelerating innovation, and fulfilling India’s long-term development goals.

About the Survey

The National S&T Survey, conducted by NSTMIS (DST), collects data from around 8,000 organisations across sectors including public and private enterprises, higher education institutions, NGOs, and multinationals. The 2024-25 survey is being carried out on a web-based platform with unique login IDs for each organisation to ensure security, efficiency, and authenticity of data.

  • Related Posts

    EPS-95 Pensioners Continue Protest at Jantar Mantar on Day 2; MPs Join Demanding Immediate Pension Hike and Accountability

    Political leaders including Sanjay Singh, Shakti Singh Gohil and Nagesh Astikar extend support to thousands of EPS-95 pensioners at Jantar Mantar New Delhi, March 10, 2026: The three-day protest by…

    Gujarat National Law University (GNLU) Introduces Report ‘Crypto-Assets in India: Assessing the Case for Regulation’

    New GNLU–SILF report on crypto assets outlines regulatory models for Crypto Assets in India New Delhi, March 10, 2026: The Gujarat National Law University (GNLU), in partnership with the Society…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    По какому принципу интерфейсы способствуют сохранять интерес

    • By admlnlx
    • March 13, 2026
    • 20 views

    Usanze del popolo connesse alla ventura nel Sud Italia

    • By admlnlx
    • March 13, 2026
    • 23 views

    The method by which UI composition forms customer perception

    • By admlnlx
    • March 13, 2026
    • 28 views

    Воздействие тенденций на цифровые пользовательские интерфейсы

    • By admlnlx
    • March 13, 2026
    • 21 views

    Насколько интерактивные продукты прогрессируют вместе с технологиями

    • By admlnlx
    • March 13, 2026
    • 23 views

    Как интерфейсы настраиваются под отличающиеся платформы

    • By admlnlx
    • March 13, 2026
    • 30 views