The government of Pakistan has decided to increase the budget allocated for science and technology by 4.5 times compared to the current allocated budget.
The move, in a bid to promote technological and scientific research in the country was announced by Rana Tanveer Hussain (Minister for Defence Production as well as Minister for Science & Technology) in Islamabad.
Rumors have been making rounds that the government is also planning to launch new projects (as it will help in alleviating social sector problems.
Addressing a ceremony in the capital, Rana Tanveer Hussain said that the government of Pakistan plans to fund research projects that are undertaken by students in universities in a bid to ease the financial burden on universities and students for grants to conduct research.
The news indicates that the government is highly keen on taking initiatives to help the youth achieve their true potential.
Formation of Pakistan Council for Science and Technology (PCST)
It is worth noting that the National Assembly has given permission to proceed with the formation of Pakistan Council for Science and Technology (PCST). The main aim of the council is to give advice to regulatory bodies on policies for fostering a mindset at national levels that encourages, and rewards scientific and technological progress. The bill was passed earlier this week and was moved by Zahid Hamid, Minister of Law and Justice.
This is the first policy to be approved by the government of Pakistan regarding the development of technology and science in the country. Worrying of course is the fact that there has been no increase in the budget for education, which could prove counter-intuitive to the above measures.
In any case, we at BizUpdates believe that this move will be beneficial for the country as it will motivate students (and academia) to pursue research at higher levels. However, we would have been even happier if the government had decided to take a more aggressive stance on improving the levels of general education (at primary and middle levels), because together these would have accelerated our plans of increased scientific progress at par with other developed nations.