Anusandhan Foundation to report annual and auditor's reports to Parliament

It aims to promote, monitor, and support such research activities and coordinate efforts across government, industry, and academic institutions.

Who it concerns: The Foundation itself, its Governing Board, Executive Council, and Chief Executive Officer; eligible persons and institutions applying for grants; academic and research institutions (universities, colleges); public sector enterprises and private sector entities; and the Central and State Governments.

What the bill does

• Establishment of the Anusandhan National Research Foundation as a body corporate with perpetual succession.
• Constitution of a Governing Board chaired by the Prime Minister, including ex-officio members from various ministries and nominated experts.
• Constitution of an Executive Council chaired by the Principal Scientific Advisor to implement the Foundation's objectives.
• Mandate to prepare roadmaps for research and development, fund competitive peer-reviewed grant proposals, and support research infrastructure.
• Requirement to conduct an annual survey of scientific research outcomes to create a central repository for data analysis and policy advice.
• Power to make rules and regulations, which must be laid before Parliament.
• Provision for the Foundation to acquire, hold, and dispose of property and to sue or be sued.

Also in the document

• The Foundation is established as a body corporate with a common seal.
• The Prime Minister serves as the President of the Governing Board ex officio.
• The Bill includes a clause for the repeal and savings of other laws, though the specific laws repealed are not detailed in the provided text.
• The Foundation is required to report its annual report and Auditor's report to Parliament.