According to the Economic Survey 2024-25, what is the current expenditure on Research and Development (R&D) as a percentage of India's GDP?

0.45%

1.15%

0.64%

1.28%

APEDIA

NTPC Graduate Tier 1

2025 • 06 May, 2025 • Shift-1

According to the Economic Survey 2024-25, what is the current expenditure on Research and Development (R&D) as a percentage of India's GDP?

Correct Answer

0.64%

Fiscal Document Context: The Economic Survey is a foundational annual report tabled by the Ministry of Finance, offering a comprehensive review of the nation's ......

💡 Analysis & Explanation

Fiscal Document Context ▼

The Economic Survey is a foundational annual report tabled by the Ministry of Finance, offering a comprehensive review of the nation's macroeconomic status and strategic trajectory.

Innovation Metric ▼

A country's dedicated expenditure on Research and Development serves as a pivotal metric indicating its long-term commitment to scientific progression and technological self-reliance.

Official Data Point ▼

Within the deeply analytical 2024-25 fiscal survey, it was underscored that India's gross domestic expenditure on R&D requires substantial augmentation, as it currently stagnates well below the one percent mark.

Conclusion ▼

The specifically recorded official figure presented in the survey stands at 0.64% of the GDP.

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According to the Economic Survey 2024-25, what is the current expenditure on Research and Development (R&D) as a percentage of India's GDP?