Editorial Highlights Systemic Issues Behind India's Low R&D Spending

An editorial highlights that India's chronic underspending on Research and Development, currently below one percent of GDP, stems from both systemic and cultural issues. It points out the heavy reliance on government funding and the dismal contribution from the private sector. Revamping the R&D ecosystem requires incentivizing private investments, fostering academia-industry linkages, and cultivating a strong culture of innovation to drive future economic growth.