Question : CREATION OF SPECIAL FUND



(a) whether the Government proposes to create a special fund to nurture young talent for scientific research work in nanotechnology in fields like water, energy, agriculture, health care, etc.;

(b) if so, the details thereof;

(c) whether the Government proposes private sector investment in research in nanotechnology and commercialization of the technology both in foreign and domestic markets; and

(d) if so, the details thereof ?

Answer given by the minister


MINISTER OF SCIENCE AND TECHNOLOGY AND MINISTER OF OCEAN DEVELOPMENT (KAPIL SIBAL)

(a) & (b): No, Sir. However, there is already a Government scheme in operation to encourage and nurture young talent for research in all areas of science and engineering, including nanotechnology. More recently, the Government is taking steps to create a Nano Science and Technology Mission (Nano Mission) which will also mobilize and nurture young talent for nanotechnology research including in priority fields like water, energy, agriculture, health care, etc.

(c) & (d): Efforts are being made to encourage private sector to participate and invest in research in nanotechnology and its commercialization in both foreign and domestic markets. As an initial step towards this, public-private partnerships in the form of joint industry-institution linked projects are being supported.