Q.3 Where does India stands in terms of spending on R&D? Why spending on R&D is important? Suggest the measures to increase it. (10 Marks)

Mentor’s comment- https://indianexpress.com/article/opinion/columns/unesco-stats-on-global-expenditure-on-r-d-7775626/ In the intro, mention India’s low spending on GDP. In the body mention importance of spending on R&D.  In the next part, mention provisions in Budget and role of private sector etc. Conclude by mentioning the need to increase spending on R&D.