Lok Sabha Question No. 1755 (UNSTARRED), answered on 2023-02-13
Subject: Promotion of Investment in Research and Development
Ministry: FINANCE
Asked by: Jual Oram

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE

## LOK SABHA UNSTARRED QUESTION NO.1755

TO BE ANSWERED ON MONDAY, FEBRUARY 13, 2023/ Magha 24, 1944 (Saka)

## Promotion of Investment in Research and Development

## 1755. Shri Jual Oram:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government  provides any kind of incentives to promote investment  in  research  and  development  in  various  sectors  such  as  seed,

pharma, bio-technology etc.; and

- (b) if so, the details thereof?

## ANSWER

## MINISTER OF STATE FOR FINANCE (SHRI PANKAJ CHAUDHARY)

(a)  &  (b) :  -  Government  of  India  provides  incentives  in  the  form  of  financial support to promote investment in research and development through schemes, projects and grants to Autonomous Bodies (ABs). Funding support to carry out research in various sectors including seed, pharmaceuticals and bio-technology is  provided  as  infrastructural  support,  manpower  development  support  and  for product development. Incentives in the form of deductions allowable as expenditure on scientific research under various sections of the Income Tax Act, 1961  are  of  also  allowable.  Financial  support  made  available  under  some schemes/ABs for the sectors under reference are at annexure.

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## Annexure

| Name of the Ministry/Depart ment                         | Name of the Scheme                                                   | Remark                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|----------------------------------------------------------|----------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Department of Agricultural Research and Education (DARE) | Crop Science                                                         | Research provision is to develop trait- specific high yielding field crop varieties/hybrids having tolerance to pest and diseases, besides various abiotic stresses. The quality attributes are also given due importance with no yield penalty. The All India Coordinated Research Project (AICRPs)/Network Research Projects with active collaboration with State Agricultural Universities (SAUs) are engaged in the development of improved crop varieties/ hybrids, cost-effective production and environment friendly protection technologies in different agro-climatic regions. |
| Department of Agricultural Research and Education (DARE) | Horticultural Science                                                | The provision is to address thrust areas of enrichment of horticultural genetic resources, development of new cultivation with resistance mechanism to biotic and abiotic stresses, appropriate production technology and health management system of horticultural and vegetable crops.                                                                                                                                                                                                                                                                                                |
| Department of Agricultural Research and Education (DARE) | National Agricultural Science Fund                                   | Supports basic and strategic research in agriculture to address the prioritized research problems.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| Department of Pharmaceuticals                            | National Institute of Pharmaceutical Education and Research (NIPERs) | The scheme , inter-alia , focuses on promotion of research in Pharmaceutical Sciences & Management. Provision is also made for 7 NIPERs i.e. Mohali, Ahmedabad, Guwahati, Hajipur, Hyderabad, Kolkata and Rae Bareli.                                                                                                                                                                                                                                                                                                                                                                   |
| Department of Biotechnology                              | Biotechnology Research and Development                               | Biotechnology Research & Development scheme primarily focuses on funding to academic research organizations. Assistance is provided for Human Resource Development, Bioinformatics, Biotech Facilities, Centre of Excellence and Inter- Institutional Centres, Research and Development including Research and Development projects under International Collaboration and Societal                                                                                                                                                                                                      |

|                                                    | Development. This also includes identified major National Missions.                                                       |
|----------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|
| Industrial and Entrepreneurship Development        | The schemes for which assistance is given include Public Private Partnership Programmes, Bio- clusters and Biotech Parks. |
| Assistance to Autonomous Institutions              | Financial support to 16 R&D Institutions engaged in Research, Human Resource and Technology Development.                  |
| Biotechnology Industry Research Assistance Council | Financial support the Public Sector Enterprise (not for profit).                                                          |