Rs 1 lakh crore corpus to incentivise R&D amid India's patent boom bodes well for innovation
India’s budding scientists and a variety of institutions are poised to benefit from the loosening of purse strings for R&D. More patents can be granted by increasing the number of examiners and other personnel in patent offices. At the current pace, expect the granting of one lakh patents by 2025-26
Source: moneycontrol.com