In a major boost to science and technology research in developing countries, including India, the British government has launched a five-year, $630 million fund to support science and innovation partnerships with researchers that will focus on economic development.
The Newton Fund, first announced in December 2013, will consist of money transferred from the Department for International Development (DfID) to the Department for Business, Innovation & Skills (BIS).
It will go towards meeting Britain's target of spending 0.7 percent of the GDP on international development - while being also counted as part of the country’s science budget.
“The fund . . .
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