Economy, asked by dishitapa811, 9 months ago

How much gdp for research and development in india 2019 bill?

Answers

Answered by hardikrakholiya21
7

Explanation:

➡️ The country needs to redouble its efforts to make improvements in science and R&D, said the Economic Survey 2017-18, tabled in Parliament by Arun Jaitley. India's GRED has tripled in the last decade to Rs 85,326 crores in 2014-15 from Rs 24,117 crore of 2004-05. It is estimated at Rs 1,04,864 crore in 2016-17.

Answered by Human100
0

Answer:

India's R&D spend stagnant for 20 years at 0.7% of GDP. The country needs to redouble its efforts to make improvements in science and R&D, said the Economic Survey 2017-18, tabled in Parliament by Arun Jaitley. India's GRED has tripled in the last decade to Rs 85,326 crores in 2014-15 from Rs 24,117 crore of 2004-05.

Under Article 112 of the Constitution of India, the central government is constitutionally bound to lay down the 'annual financial report' of the country. Budget document details how much money the Union government expects to raise in the coming financial year, and how and where it intends to spend that money.

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