Anusandhan National Research Foundation (NRF) Act, 2023
Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
Established the National Research Foundation with Rs 50,000 crore over five years to seed, grow, and facilitate research across natural sciences, engineering, technology, humanities, and social sciences in Indian universities and institutions.
Key Facts
Type Legislation
Source Historical Record
Published Friday, 11 August 2023
Affected Population ~1 million researchers, R&D ecosystem
Key Numbers
R&D spending: 0.7% of GDP
Gaganyaan: Rs 12,000 crore investment
India Innovation Index: 40th globally (2024)
Education budget: Rs 1.25 lakh crore (2025-26)
Key Authorities
Key Stakeholders
Government Context
NDA II BJP-led NDA
Left Centre Right