The Economic Times

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

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.