Rs 200 crore has been sanctioned for taking innovations to the common man
The Department of Atomic Energy will get Rs 6,275 crore for the financial year 2013-14. This was announced by the Union Finance Minister Shri P.Chidambaram in the Union Budget proposals tabled in the Lok Sabha.
Talking about science and technology he said, "Despite our constraints, we must find resources for science and technology and for Space, Atomic Energy etc. I propose to allocate Rs 6,275 crore to the Ministry of Science & Technology; Rs 5,615 crore to the Department of Space; and Rs 5,880 crore to the Department of Atomic Energy."
He further added, "While we extol the virtues of science and technology, I think we do not pay enough attention to science and technology for the common man. With the help of the Ministry of Science and Technology and the Principal Scientific Adviser to the Government, I have identified a few amazing science and technology innovations.
I propose to set apart Rs 200 crore to fund organisations that will scale up and make these products available to the people. I propose to ask the National Innovation Council to formulate a scheme for the management and application of the fund."