(a) Whether the Government proposes to allocate at least one per cent
of the Gross Domestic Product every year for research and development activities
in the industrial sector in the country;
(b) if so, the details thereof and the action taken in this regard; and
(c) if not, the reasons therefor?
MINISTER OF STATE FOR FINANCE (SHRI NAMO NARAIN MEENA)
(a) No, Madam.
(b) Does not arise.
(c) The allocation from the Gross Budgetary Support (GBS) is made as per requirement
of various Ministries/Departments, keeping in view the resource position of the government.
The Central Plan Outlay for the Industry and Minerals Sector (including IEBR of PEs etc.)
as per Budget for the year 2012-13 is Rs. 57,227 crore.