The Great American Financial Disorder! #410
The American Society is breaking right through the middle. Wealth inequities are unimaginably high! Rising Debt is putting the global system in peril. Where are we headed?
The Prime Minister’s Science Technology and Innovation Advisory Council (PM-STIAC) wants to make it mandatory for medium and large enterprises in key sectors to set aside funds for research and development after the Economic Survey pointed out the abysmal levels of investment in this area. It had said that R&D investment in India has been stagnant for 20 years at 0.6-0.7% of gross domestic product with that by the private sector at 0.35%.
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