<span style="color: #212529;">The government has also decided to bring the National Research Foundation(NRF) Bill, 2023 to strengthen the research ecosystem in the country. The Bill approved by the Union Cabinet will pave the way to establish NRF to seed, grow and promote research and development and foster a culture of research and innovation throughout India's universities, colleges, and research institutions.<br />''<br />'' The Minister informed that the bill has a provision to establish NRF, an apex body to provide high-level strategic direction of scientific research in the country at a total estimated cost of  50 thousand crore rupees during the next five years.<br />''<br />''The Bill will repeal the Science and Engineering Research Board (SERB) established by an act of Parliament in 2008 and subsume it into NRF which has an expanded mandate and covers activities over and above the activities of SERB. </span><br />''<br />''<span style="color: #222222;">The NRF will forge collaborations among the industry, academia, and government departments and research institutions, and create an interface mechanism for participation and contribution of industries and state governments in addition to the scientific and line ministries.</span><br />