ReferIndia News Budget 2026: Sthiti or Srishti? India’s innovation wallet must fund creation, not just continuity

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Budget 2026: Sthiti or Srishti? India’s innovation wallet must fund creation, not just continuity

Published on: Jan. 28, 2026, 2:55 p.m. | Source: The Economic Times

India's Union Budgets have historically focused on preserving existing R&D. This approach has built strong institutions but limits the creation of frontier technologies. A shift towards creation, supported by long-term funding and mission-mode initiatives, is crucial. This strategic redirection will move India from technological dependence to intellectual sovereignty, fostering innovation and future growth.

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