The Department of Science and Technology, on 31st Dec 2020, released the 5th National STIP for public consultation. The objective of the policy is to identify and address strengths and weaknesses of the Indian STI ecosystem to catalyse socio-economic development of the country and also make the Indian STI ecosystem globally competitive. The draft policy proposes various measures to make publicly funded scientific research open and equitable and to improve the competitiveness of Indian STI ecosystem.
NASSCOM called for inputs from the industry to finalise its view on the draft policy. Based on feedback from the industry we submitted our comments to DST on 31st January 2021. In our feedback, among other things, we have suggested that collaborative R&D be promoted by incentivising clusters of innovation, the offset policy be used more broadly for technology transfer to Indian companies and efforts made to be develop some experience centers that can help demonstrate the R&D projects to visiting business leaders.
The draft of our feedback is attached.