(a) whether during the 43rd Convocation of the Indian Institute of Technology (IIT),
Delhi, the Prime Minster’s Advisor has stressed on changing the tradition of technology
import in the country and strengthening the relations between the Indian Industries and IITs;
(b) if so, the details thereof; and
(c) the measures being taken by the Government in this regard?
ANSWER
(a) &
(b) Yes, Madam. Adviser to the Prime
MINISTER IN THE MINISTRY OF SCIENCE AND TECHNOLOGY AND MINISTRY OF EARTH SCIENCES
(SHRI S. JAIPAL REDDY)
Minister of India and Vice Chairman, Tata
Consultancy Services during his Convocation Address at IIT Delhi on 28th October 2012 has said
that India by and large is a technology importer, which needs to change. Closer interaction of
the IITs with Indian industry is needed to reverse this trend. Industry, in turn needs to be
ready to partner and fund medium to long term research at the IITs.
(c) The Government promotes collaborative research between industries and public funded
research institutions and towards this provides weighted tax deduction @200% for Sponsored
Research Programmes of industry in approved national laboratories, universities and IITs under
Section 35(2AA) of I.T. Act.