The Department of Science and Technology said on Saturday it is restructuring its Fund for Improvement of Science and Technology Infrastructure in Universities and Higher Educational Institutions (FIST) to cater to high-end requirements of startups and industries and align it with the government’s ‘self-reliant India’ campaign.
The FIST programme will now be reinvented as FIST 2.0 to orient it towards the goal of ‘Aatmanirbhar Bharat’ to create research and development infrastructure not only for experimental work but also to cater to theoretical work, ideas and entrepreneurship, said Sanjay Dhande, the chairperson of the FIST Advisory Board.
Till 2019, about 2,910 S&T departments and post-graduate colleges have been supported with a total investment of about Rs 2,970 crore under FIST. In SAIF, 15 centres have been funded while SATHI has three centres running and more to be supported under the research and development infrastructure division.
Read more at The Economic Times