Topic: Government Budgeting.
5. Global competitiveness will be increasingly determined by the quality of science and technology, which in turn will depend on dynamicity of research and development ecosystem aided by budgetary allocation. Analyse. (250 words)
Difficulty level: Tough
Reference: Indian Express
Why the question:
A comparison of the R&D spending of some of the countries representing different regions of the world and India in terms of GERD as a percentage of GDP (see graph) shows India to be a low spender (only 0.66 per cent of the GDP) in comparison to the developed countries and emerging economic powers of East Asia.
Key Demand of the question:
To write about the need to increase spending and take additional reforms in R&D sector.
Analyse – When asked to analyse, you must examine methodically the structure or nature of the topic by separating it into component parts and present them in a summary.
Structure of the answer:
Introduction:
Begin by giving statistic about government spending in R&D sector in India.
Body:
In the first part, bring out the links between spending on R&D and quality of research and development on the country’s global competitiveness. Bring out the adverse impact of not enough emphasis on R&D.
Next, write about measures to boost Science, Technology, and Innovation in India.The profound changes it seeks through short, medium and long-term mission mode projects by building a nurtured ecosystem that promotes research and innovation on the part of both individuals and organizations.
Conclusion:
Conclude by writing a way forward.
