Budget being increased for science & tech research

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STAFF REPORT LHR: The economic development is directly linked to research and development (RandD) and this is why its budget in Pakistan Council of Scientific and Industrial Research (PCSIR) is being increased from Rs65 million to Rs250 million, said Federal Minister for Science and Technology Rana Tanveer Hussain.


While speaking at the LCCI, the minister said that all resources were being utilised to promote the research culture in Pakistan so that the country could join the club of the technologically-advanced nations.


“Low allocations for vital sectors like science and technology has kept the country dependent on the developed world,” he remarked, adding that the government must focus on need-based and result-oriented research to save valuable time and money.


He informed the participants that a Common Facility Centre had been established at the Sialkot Chamber of Commerce and Industry (SCCI) which would provide one-window facility to businessmen.


Meanwhile, LCCI Senior Vice President Almas Hyder said that technology commercialisation, development of standards for quality control, accreditation, education and effective linkages between industry and academia were key functions of the Ministry of Science and Technology.


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Published in: Volume 07 Issue 17

Short Link: http://www.technologytimes.pk/?p=15679