Science, technology and the economy: An Indian perspective

Roddam Narasimha

Technology in Society, 2008, vol. 30, issue 3, 330-338

Abstract: During the first three decades after 1947, the Indian economy grew only 3% per year but there was vast expansion in the science and technology (S&T) infrastructure. Decades later, especially during the last few years, the economy has grown much faster, but the S&T systems have not experienced the transformation that business and industry have. The net result is that the public sector S&T system is facing a major crisis even as the private sector contributes little to the national R&D effort. Wealth generation in India by private S&T services, especially in information technology, has led to greater prosperity for the educated middle class, but has also led to greater inequalities in income. The national scene is one of generally uneven achievement and extraordinary potential. This paper argues that unless another major shift in S&T policy occurs, there is real danger that India will not move beyond its status as a blue-collar S&T power.

Keywords: India; Economy; Technology development; Space; Science and technology; Education (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:30:y:2008:i:3:p:330-338

DOI: 10.1016/j.techsoc.2008.04.009

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