Anusandhan National Research Foundation Act, 2023 (25 of 2023, dt. 12-8-2023)

This 2024 edition of The Anusandhan National Research Foundation Act, 2023 (Act 25 of 2023, dt. 12-8-2023) sets out India’s brand-new statutory architecture for funding, coordinating, and catalysing scientific research and innovation across academia, industry, and government. Fully updated through the latest Gazette notifications, this Bare Act provides the verbatim legislative text together with concise, practice-oriented comments that flag definitions, powers, and compliance touch-points—while preserving exam-ready integrity.

Key statutory coverage

• Establishment of the Anusandhan National Research Foundation (ANRF) as an apex body to steer the national R&D agenda.
• Governing Board, Executive Council & Sectoral Divisions—composition, powers, and decision-making procedures.
• Funding architecture—Creation of the ANRF Fund, Innovation & Impact Fund, endowments, and industry/CSR contributions.
• Integration of the former SERB and unification of competitive-grant schemes under one umbrella.
• Promotion of university–industry collaboration, start-up incubation, and international partnerships.
• Monitoring, audit & accountability—annual plan, performance metrics, CAG audit, and Parliamentary reporting.
• Rule-making powers enabling detailed norms on grants, fellowships, intellectual-property sharing, and conflict-of-interest safeguards.

This edition is particularly suitable for

• University administrators, research-office professionals, and principal investigators navigating ANRF funding calls and compliance.
• Start-ups, industry R&D heads, and CSR managers seeking clarity on collaboration and co-funding provisions.
• Policy analysts, think-tank researchers, and legislators tracking India’s science-innovation reforms.
• Law students, AIBE candidates, and competitive-exam aspirants needing a precise, lightly annotated statutory text on the newest research law.

Presented without exhaustive commentary but enriched with targeted “short comments”, this Bare Act guarantees clarity, authenticity, and quick practical insight—essential for grant compliance, institutional policy-making, and academic or professional reference.