Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • Singapore
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
      • USA TODAY
      • NBC News
      • CNBC
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
    • Singapore
      • CNA
      • The Straits Times
      • Lianhe Zaobao
Budget 2024: Under-spending brightens allocations for science ministries, depts.

Budget 2024: Under-spending brightens allocations for science ministries, depts.

The Hindu
Tuesday, July 23, 2024 01:55:44 PM UTC

Union Budget 2024 allocations for science Ministries show under-utilisation, with bright spots in quantum and oceanographic research funding.

The allocations for the traditional science Ministries and departments in the Union Budget presented by Union Finance Minister Nirmala Sitharaman on Tuesday present a dull picture against the 2023-2024 figures. However, the picture brightens up if their continuing under-utilisation is taken into account.

The Department of Science and Technology (DST) received ₹8,029 crore, a marginal increase over the ₹7,931 crore from last year, but nearly two-thirds more than its utilisation of ₹4,891.78 crore.

Revenue expenditure under other scientific research accounts for the bulk of these numbers. The allocation for the National Quantum Mission jumped from zero last year to ₹427 crore this year. This Mission “aims to seed, nurture, and scale up scientific and industrial R&D and create a vibrant and innovative ecosystem in quantum technologies”. The Union Cabinet approved it in April 2023 with a total outlay of ₹6,000 crore over eight years.

The allocation for the Department of Biotechnology (DBT) has been cut from ₹2,683.86 crore to ₹2,275.7 crore this year, yet it had more than ₹1,000 crore in unspent funds last year. Notably, its allocation under biotechnology R&D has dropped from ₹1,345 crore last year to ₹1,100 crore this year and under ‘other scientific research’ from ₹2,472.97 crore to ₹2,087.26 crore this year as against a utilisation last year of ₹1,508.07 crore.

The Department of Scientific and Industrial Research (DSIR), which oversees the more than three dozen DSIR laboratories around the country, tells a different story. It overspent its allocation last year by 8% but has received only a 2% hike over that. The hike brings its allocation this year to ₹6,323.41 crore.

The Ministry of Earth Sciences (MoES) has been given ₹3,064.80 crore — a modest increase over its actual expenditure of ₹2,879.02 crore last year but a 7.6% cut from the budgeted value. The capital outlay on oceanographic research has increased by ₹53 crore to ₹280 crore whereas that for meteorology has dropped by ₹168 crore to ₹276.20 crore. Among other activities, the MoES is currently piloting the ‘Deep Ocean Mission’, to develop vehicles to explore the ocean, prospect for resources, and develop technologies to mine them. The Union Cabinet approved it in 2022 at a cost of ₹4,000 crore.

Including the respective allocations and utilisation by the Departments of Space (DoS) and of Atomic Energy (DAE), the total increase across all these departments and Ministries over the budgeted allocation last year is -1.3% whereas over the revised expenditure it is +20.85%.

Read full story on The Hindu
Share this story on:-
More Related News
Market suffers worst day in 9 months as global and local sentiments weaken

Indian markets plunged over 3% amid soaring crude prices, rupee depreciation, and escalating West Asia geopolitical tensions in March 2026.

Government announces ₹497 crore RELIEF scheme for exporters impacted by West Asian crisis

Government launches ₹497 crore RELIEF scheme providing credit insurance to exporters affected by the West Asia crisis, focusing on MSMEs.

Crude Oil futures rise ₹74 to ₹9,067 per barrel; Brent touches $116

Crude oil futures rise amid Middle East attacks, pushing Brent above $116 on fears of tightening global supply.

West Asia troubles to delay India’s FTA talks with GCC countries and Israel

West Asia conflict delays India’s FTA talks with GCC and Israel, while UK and EU agreements proceed as planned in 2024.

Vessels carrying Russian Urals to reach India on March 21

Russian Urals oil vessels will reach India on March 21 amid stable fuel prices and diversified LPG imports.

Warner Bros.’ eleven Oscars win as Paramount takeover looms

Warner Bros. dominated the Academy Awards, but Paramount’s looming acquisition of the studio signals the biggest restructuring of the industry in decades and a battle over the future of Hollywood itself

Atanu Chakraborty’s resignation: HDFC board members assert bank’s corporate governance ‘robust’

HDFC Bank board calls Atanu Chakraborty’s resignation baffling, affirms robust corporate governance and strong market confidence.

RNFI introduces cardless cash withdrawals via UPI QR with Jio Payments Bank

RNFI and Jio Payments Bank launch cardless UPI QR cash withdrawals for instant access across urban, semi-urban, and rural India.

RBI approves transition plan after HDFC Bank chairman’s resignation

RBI approves HDFC Bank's chairman transition plan, affirming the bank's strong financials and competent management.

Markets tumble 2% as Israel attacks world’s largest gas field in Iran

Markets fall 2% as Israel attacks Iran’s South Pars gas field, pushing Brent crude above $112 and rupee below ₹93.

HDFC Bank stock falls over 4% as chairman resigns on ethical grounds

HDFC Bank shares drop over 4% following chairman’s ethical resignation, raising insider trading and management concerns.

How AI is rewriting the rules of work for the specialist Premium

Erran Berger, the Vice President of Product Engineering at LinkedIn, thinks the former type of division of labour is rapidly disappearing

Oil, gas firms ordered to share import, export data with PPAC

India mandates oil and gas firms to share import and export data to mitigate consumer shortages amid rising global prices.

Iran war impact: Pesticide industry warns of price rise, spread of fake materials

Iran war impacts pesticide prices, warning of a 20-25% rise and increased risk of counterfeit products during the kharif season.

India's forex reserves drop $7 bn to $709.76 bn

India's forex reserves fell by $7 billion to $709.76 billion, according to RBI data for the week ending March 13.

Natco Pharma’s generic Semaglutide set for roll out today

Natco Pharma will launch its Semaglutide injection (multi dose vials) in the domestic market on Saturday.

Flipkart rolls out 105% bonus payout to employees for 2025

Flipkart announces a 105% bonus payout for 2025, rewarding employees for strong growth and performance metrics.

Growth of eight core sectors halved to 2.3% in February, before West Asia crisis began

Core sector growth in India plummeted to 2.3% in February, amid declining domestic production and impending West Asia crisis impacts.

Stock markets recover on buying in IT, PSU bank stocks; Sensex climbs 325 points

Stock markets rebound with Sensex rising 325 points, driven by IT and PSU bank stocks amid fuel price concerns.

Rupee crashes 82 paise to settle at 93.71 against U.S. dollar

The Indian rupee plummets 82 paise to a record low of 93.71 against the dollar due to rising crude prices and geopolitical tensions.

Power Minister stresses energy security amid global tensions

Power Minister highlights energy security and renewable transition during Bharat Electricity Summit 2026 amid global tensions.

Rupee breaches 93/dollar for the first time, down 19 paise to 93.08 against U.S. dollar

The rupee hits a record low of 93.08 against the dollar, pressured by rising oil prices and FII outflows.

OpenAI to buy Python toolmaker Astral to take on Anthropic; revamp product portofolio

OpenAI said on Thursday it will buy Python toolmaker Astral, as the ChatGPT maker seeks to strengthen its portfolio against rival Anthropic to gain more share in the artificial intelligence coding tools market.

Crude sinks after Benjamin Netanyahu tries to reassure on Iran war

Crude oil prices drop over 2% as Netanyahu reassures investors amid ongoing Iran conflict and rising energy market concerns.

PPAC asked to ‘collect, compile, analyse’ data about domestic fuel and energy stocks

PPAC designated as nodal agency to enhance data collection on domestic fuel and energy stocks for improved mandate enforcement.

© 2008 - 2026 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us