• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
Advertisement
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

Govt Eases Funding Rules For R&D, Research Heads Can Now Approve Global Tenders Up To Rs 200 Crore

OMMCOM NEWS by OMMCOM NEWS
June 15, 2025
in Nation

New Delhi: In a major boost to India’s research and innovation sector, the government on Sunday announced key reforms to ease financial restrictions and improve the day-to-day functioning of academic and research institutions.

One of the biggest changes is that heads of research institutions will now be allowed to approve global tenders up to Rs 200 crore without requiring multiple layers of approval.

This move is expected to speed up the procurement of scientific equipment and resources significantly.

Addressing the press conference in the national capital, Union Minister of State for Science and Technology (Independent Charge), Dr. Jitendra Singh, said these long-awaited decisions aim to enhance the ‘Ease of Innovation’ and ‘Ease of Doing Research’ across the country.

The Minister added that this historic shift was made possible due to the personal support and encouragement of Prime Minister Narendra Modi, who has consistently backed science and youth-led innovation as key pillars of India’s growth.

Earlier, scientists and research scholars often faced frustrating delays because of financial ceilings and complex procurement procedures.

For example, if an institution wanted to purchase high-end equipment from abroad, it had to seek approvals through long bureaucratic processes, sometimes delaying critical research work by months.

The new rules will now allow institutions to fast-track such purchases, especially those that require global tenders.

Dr Singh said that while more autonomy is being given, it comes with the responsibility to maintain transparency and integrity.

“We are trusting our scientific community to use this freedom wisely. These reforms are built on a foundation of trust and accountability,” he said.

The changes follow strong recommendations from the Economic Advisory Council to the Prime Minister and the office of the Principal Scientific Advisor (PSA), which highlighted how well-intentioned rules were creating bottlenecks instead of supporting scientific progress.

This policy shift also ties in with the National Education Policy (NEP) 2020, which promotes flexibility in education and encourages research-led learning.

Dr Singh emphasised that if students are being empowered to shape their academic paths, research institutions should also be allowed the freedom to support those ambitions.

He pointed out how earlier liberalisation in sectors like space and nuclear had shown great results.

“India’s space sector is now an $8 billion economy and is expected to grow fivefold. We want to replicate this success in the research and development sector as well,” he said.

The reforms are expected to particularly help young scientists, researchers, and startups, many of whom had expressed their concerns on social media about delays and hurdles in funding and procurement.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Four Drowned In Pune Bridge Collapse, Rescue Operations On To Trace Missing

Next Post

Minister Reviews Diarrhea Situation In Jajpur And Keonjhar; No New Deaths Reported

Related Posts

Nation

INDIA Bloc’s Anti-CEC Battle Gets A New Dimension With CJP Outreach

October 3, 2026
Nation

Supernova Building Suicide Case: Victim Identified As 29-Year-Old Gurugram Resident

October 3, 2026
Nation

‘Everyone Became Emotional When PM Modi Spoke To Him’: Capt Smit’s In-Laws Grateful To Nation

October 3, 2026
CJP
Nation

Case Filed Against CJP Supporters Over Unauthorised Gathering At Mumbai’s Shivaji Park

October 3, 2026
Nation

Section 163 Still In Place Across New Delhi, No Permission For Protest Today: Delhi Police

October 3, 2026
Nation

EAM Jaishankar Chairs Consultative Meet On India-Russia Ties, Reaffirms Support For Dialogue To End Ukraine War

October 3, 2026
Next Post
Minister Reviews

Minister Reviews Diarrhea Situation In Jajpur And Keonjhar; No New Deaths Reported

US President Donald Trump

Donald Trump Earned Nearly $57.4 Million From Crypto Venture In 2024

Ex-Odisha CM Hemananda Biswal

Ex-Odisha CM Hemananda Biswal’s Kin Injured In Road Accident In Angul

Khimji
SAI
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.