The Hindu Editorial Analysis : 14th March 2024

The Hindu Editorial Analysis

The Importance of Reading The Hindu Editorial: Reading The Hindu newspaper has several benefits, including improving reading skills, facilitating comprehension, staying informed of current events, enhancing essay writing, and more. For individuals aiming for a career in banking, reading editorials is crucial for vocabulary building. In this article, we will examine today’s editorials, provide practice questions, and highlight important vocabulary words.

India’s research and development fundings

• Scientists and Research communities around the country have been embracing enthusiasm after the announcement of the ₹1 lakh crore budget for the improvement of research and development ecosystem across the country in the interim Budget 2024-25.
• The importance and significance of research and development ecosystem can not be strongly stated by the fact based on economic growth, Technological advancements and global competitiveness. However if we want to know the overall impact of research and development ecosystem, we need to asses the fundings in this particular field and its resulting outcomes.
• The research and development ecosystem in India has witnessed significant growth in the funding as ₹6,01,968 million in 2010-11 and ₹12,73,810 million in 2020-21.
• If we talk about the percentage of the investment in the research and development field out of the GDP, India lags behind many major developed and emerging economies like China, Germany, South Korea and the USA.
• Despite having lower share of GDP, India has done great in the research and development ecosystem as India has produced potentially strong no of academic talents.
• India’s research outputs ranks third globally with 3,00,000 publications in 2022.
• If we measure the performance in patent grants,India secures sixth rank globally as 30,490 patents have been granted in 2022.
• Even though these potential performances still India needs to increase its share of GDP in research and development ecosystem to empower the transformative shift in research and development field.
• For this India needs to follow dual strategy- first is to encourage private sector involvement and second foster the academic research infrastructure.
• The National Deep Tech Startup Policy is one of the examples of such initiatives India needs to take for the increasing the involvement of private sector in the research and development ecosystem in India.

Important Questions:

• What is the importance of the research and development ecosystem?
• Why does India need to improve the share of GDP in the research and development ecosystem?

Important vocabs:

• Constabulary – a police force covering a particular area or city.
• Gripe– a minor complaint
• Throng– flock or be present in great numbers
• Delve– to reach inside a receptacle and search for something
• Chisel– to cut something
• Fleece– overcharge money
• Gouge– force out something
• Indignant – expressing anger at unfair things

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