The Centre is planning to introduce a legislation in the Parliament to incentivise scientists with 30 per cent share in royalty or licence fee being generated out of their discoveries in the coming Budget sessions. |
Union minister of science and technology and earth sciences Kapil Sibal said on Saturday that his department's endeavour had been to de-bureaucratise the institutions of research in the country by giving more autonomy, freedom and flexibility to scientists in their pursuit of research. |
The minister, who laid foundation stones for Clinical Research Facility for Stem Cells & Regenerative Medicine and National Bio-safety Level 4 containment facility for human infectious diseases at the Centre for Cellular and Molecular Biology campus, said the government would formulate regulatory mechanisms for stem cell research in the near future. |
Stating that India was capable of becoming a global leader in life sciences, he said he expected a Rs 5,000-crore initiative dedicated to public health in collaboration with all stakeholders. |