BioVoice News April 2017 Issue 11 Volume 1 | Page 74

news bytes India spends dismal 0.88% of GDP on R&D the entire call set and 97/ 92% on InDels, and powerful visualizations for each step that are not present in GATK. “Anticipating the latest developments in genomics and healthcare, Strand has become a global leader in providing cutting-edge platforms for scientists, clinical laboratories, hospitals, and doctors. The platforms span next- generation genomics data analysis, clinical variant interpretation, and reporting. Today, Strand Ramanujan is used by Strand to enable clinicians to integrate phenotype information with all other clinical reporting for more effective application in monitoring and screening of disease progression and recurrence,” said Dr Vijay Chandru, Chairman and Managing Director, Strand Life Sciences. 74 BioVoiceNews | April 2017 According to the Research and Development Statistics, 2011-12 published by the Department of Science and Technology, India’s R&D expenditure is around 0.88 per cent of GDP and number of R&D professionals per million population are 164. However, the government says it is trying to change the situation. The Minister of State for Science & Technology, Mr Y S Chowdary told the Parliament recently that the Government has proposed several measures during the last three years to increase the number of R&D professionals in the country. These include launching the: Atal Innovation Mission (AIM) in Budget 2015, which is an innovation promotion platform involving academics, entrepreneurs and researchers; Impacting Research Innovation and Technology (IMPRINT) in November, 2015, which is a PAN-IIT and IISc joint initiative to develop a roadmap for research; and Uchhatar Avishkar Yojana (UAY) in December, 2015, which is to promote innovation of a higher order to serve the needs of industry and promote a vibrant research echo system across IITs. Further, the Government has enhanced the budget allocation of the departments under the Ministry of Science & Technology during the last 3 years from Rs 8,768.36 crore in 2014-15 to Rs 10,353.00 crore in 2016-17, which helped in supporting a larger number of R&D professionals in various S&T institutions spread across various states in the country under the departments.