Problems with R & D expenditure: Low Overall Investment: India’s R&D expenditure as a percentage of GDP is relatively low compared to other countries. In the recent past, India’s research and development (R&D) expenditure has dropped to the current 0.64% …
Context In India, public procurement amounts to nearly 20-25% of GDP. This means that a significant amount of taxpayers’ money is directed towards making purchases of public goods and services that constitute the lifeblood of government programmes and services. Government …
Context Startup ecosystem of India has witnessed remarkable growth in recent years, with a surge in innovative ventures addressing diverse challenges. India is the 3rd largest startup ecosystem in the world, with more than 1 lakh registered startups. Traditionally centered …
About Geographical indication (GI) Tags According to Article 22 (1) of Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement of the World Trade Organization (WTO), GIs as “indications which identify a good as originating in the territory of a region …