The Anusandhan National Research Foundation Act, 2023, published on 14th August, 2023, establishes the Anusandhan National Research Foundation to provide strategic direction for research, innovation, and entrepreneurship in various fields, including natural sciences, engineering, technology, environmental and earth sciences, health, agriculture, and more.
The Act outlines the objectives of the foundation, which include promoting, monitoring, and supporting research in various fields, providing financial assistance to researchers and institutions, and promoting collaboration between researchers and institutions.
The Act establishes the Governing Board of the foundation, which is responsible for the overall management and direction of the foundation. The board is composed of various members, including the Chairperson, the Chief Executive Officer, and representatives from various government departments and scientific institutions.
The Act also establishes the Executive Council of the foundation, which is responsible for implementing the objectives of the Foundation based on direction provided by the Governing Board. The Act empowers the Executive Council to constitute Committees for efficient discharge of its duties. The Act also provides for the delegation of powers and functions of the Governing Board to the Executive Council, subject to certain conditions and limitations.
The Act outlines the financial provisions of the foundation, including the establishment of various funds, such as Anusandhan National Research Foundation Fund, Innovation Fund and Science and Engineering Research Fund.
The Act repeals The Science and Engineering Research Board Act, 2008 and dissolves the Science and Engineering Research Board constituted under it.
Overall, the Anusandhan National Research Foundation Act, 2023 is a significant step towards promoting research, innovation, and entrepreneurship in India, and towards developing and maintaining research infrastructure in various fields.
You can download the Act text here.
