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Union Budget 2021-22: National Research Foundation outlay to be Rs. 50,000 crore, over 5 years


Highlights
Finance Minister Nirmala Sitharaman proposed an outlay of Rs. 50,000 crore for the National Research Foundation spread for the next five years.
Rs. 1,500 crore opposed for scheme to promote Digital Modes of Payments.
Deep Ocean Mission with a budget outlay of more than Rs 4,000 crores, over five years.
New Delhi: Finance Minister Nirmala Sitaraman presented the Union Budget for the year 2021-22 in the lower house of the parliament on Monday (February 1).
Finance Minister Nirmala Sitharaman proposed an outlay of Rs. 50,000 crore for the National Research Foundation spread for the next five years. Finance Minister Nirmala Sitharamn said, It will ensure that the overall research ecosystem of the country is strengthened with focus om identified national-priority thrust areas. ....

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