The Anusandhan National Research Foundation (ANRF) aims to receive funds amounting to Rs. 50,000 crore during 2023-28 in the form of ANRF Fund, Innovation Fund, Science and Engineering Research Fund, Special Purpose Funds. A budgetary provision of Rs. 14,000 crore is made from the Central Government and remaining amount will be sourced through donations from any other source, including from public sector enterprises, the private sector, philanthropist organizations, foundations or international bodies.
The first meeting of the GB was held on 10th September 2024 under the chairmanship of the Prime Minister as the President of the GB. The GB discussed strategic interventions of ANRF which are required to accelerate and strengthen the S&T landscape of the country. The deliberations included global positioning of India in key sectors, aligning R&D with national priorities, promoting inclusive growth, capacity building, driving scientific advances and innovation ecosystem, stimulating the latent potential of universities and colleges, bridging the gap between academic research and industrial applications through industry-aligned translational research and implementing programs to boost the country’s research ecosystem and accelerate scientific and technological advancements. R&D programs which were aligned with the discussions, namely, Prime Minister Early Career Research Grant (PMECRG), the Mission for Advancement in High-Impact Areas -Electric Vehicle (MAHA- EV), Inclusivity Research Grant (IRG), Partnerships for Accelerated Innovation and Research (PAIR) have been launched.