Former President of India Pranab Mukherjee today emphasised on more research and development and urged the government to invest more in this area.
"Today, not as a former President but as a citizen of India, I want greater investment in education and research and the country will benefit from this," Mukherjee said here today while delivering an endowment lecture at the Ramkrishna Mission Institute of Culture, Golpark.
He however, regretted the dwindling budget towards education and R&D of the country.
Citing example of Germany that stood strong even during the Eurozone crisis, he said it was possible because of its continuous focus on R&D.
"In 1991, the budget on education was six per cent of the GDP but in 2018-19 Union budget allocation is just 3.6 per cent of the national GDP, though the allocation of Rs 80,500 crore may seem to be a huge sum."
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