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🔆Anusandhan National Research Foundation (NRF) Bill, 2023

✅ The NRF will provide high-level strategic direction for research, innovation, and entrepreneurship in various fields. It will also promote scientific and technological interfaces in the humanities and social sciences.
✅ The Bill will hike R&D spending in the country. The Act will establish NRF, an apex body to provide high-level strategic direction of scientific research in the country.
✅ The Department of Science and Technology (DST) will be the administrative Department of NRF, which will be governed by a Governing Board consisting of eminent researchers and professionals across disciplines.
✅ The Prime Minister will be the ex-officio President of the Board, and the Union Minister of Science & Technology and the Union Minister of Education will be the ex-officio Vice-Presidents.
✅NRF's functioning will be governed by an Executive Council chaired by the Principal Scientific Adviser to the Government of India.
✅ NRF will forge collaborations among industry, academia, and government departments and research institutions.
✅ The Act will also repeal the Science and Engineering Research Board (SERB), established by an Act of Parliament in 2008, and subsume it into the NRF, which has an expanded mandate and covers activities over and above those of SERB.

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Create: 2024-06-20
Last Update: 2025-07-09 05:55:45

🔆Anusandhan National Research Foundation (NRF) Bill, 2023

✅ The NRF will provide high-level strategic direction for research, innovation, and entrepreneurship in various fields. It will also promote scientific and technological interfaces in the humanities and social sciences.
✅ The Bill will hike R&D spending in the country. The Act will establish NRF, an apex body to provide high-level strategic direction of scientific research in the country.
✅ The Department of Science and Technology (DST) will be the administrative Department of NRF, which will be governed by a Governing Board consisting of eminent researchers and professionals across disciplines.
✅ The Prime Minister will be the ex-officio President of the Board, and the Union Minister of Science & Technology and the Union Minister of Education will be the ex-officio Vice-Presidents.
✅NRF's functioning will be governed by an Executive Council chaired by the Principal Scientific Adviser to the Government of India.
✅ NRF will forge collaborations among industry, academia, and government departments and research institutions.
✅ The Act will also repeal the Science and Engineering Research Board (SERB), established by an Act of Parliament in 2008, and subsume it into the NRF, which has an expanded mandate and covers activities over and above those of SERB.

#polity

Join @CSE_EXAM
@upsc_polity_Governance

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Date: 2025-07-09| CSE EXAM UPSC prelims mains

Should I buy bitcoin?

“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.

Look for Channels Online

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