Raised budget stressed for scientific R&D
March 28th, 2016 | Technology Times | No Comments
STAFF REPORT ISB: Research and development (RandD) may have become a popular catchphrase in the developing world at large, but in Pakistan its significance is not realized in the least and funding for RandD has steadily reduced in the last decade.
The current budgetary allocation for scientific RandD stands at a measly 0.29 per cent and calls are being made by the planning, development and reforms minister to increase the budget to at least 0.5 per cent in 2016.
“The government allocated between Rs200,000 to Rs300,000 for RandD,” reveals Pakistan Council for Scientific and Industrial Research (PCSIR) chairperson Dr. Shahzad Alam.
The allocated amount is an insult to the nation whose progression in the technological arena is stunted, especially when there are multiple ministries that are created solely for scientific research.
The minimum RandD spending recommended by Unesco for developing countries is 1pc of the GDP, while our Minister for SandT Rana Tanvir is still planning to urge the government to increase funding to 1pc a long two years later.
While we barely have any data to measure the amount that the private sector spends on RandD in Pakistan, patent activity is an effective indicator to measure its success to a certain degree.
In 2006, there were 5,314 patent applications filed in India and 122,318 filed in China whereas in Pakistan, a barely noticeable 91 patent applications were filed.
Published in: Volume 07 Issue 12
Short Link: http://www.technologytimes.pk/?p=15488