<span style="color: #222222;">Principal Scientific Advisor to the Government, Professor K VijayRaghavan has called for systemic reforms in the regulatory system and broadening of CSR mechanism to leverage Research and Development activities in the country. </span><br />'' <br />'' <span style="color: #222222;">Speaking in the high-level Industry consultation for the formulation of new Science, Technology & Innovation Policy, STIP 2020, Professor Raghavan focused on the need for more incentives and recognition to encourage industry to fund Research and Development and ways to leverage use of CSR funds towards it. </span><br />'' <br />'' <span style="color: #222222;">Secretary, Department of Science and Technology, Professor Ashutosh Sharma emphasised on the need for a robust policy for a long term, which could attract industry investment in the field of science and technology.</span><br />'' <br />'' <span style="color: #222222;">The first-ever high-level industry consultation for the formulation of a Science, Technology, and Innovation Policy in the country was held over a virtual platform by the 'STIP 2020 Secretariat' in partnership with Confederation of Indian Industry (CII) and Science Policy Forum.</span><br />''