The Takshashila Podcast

Join Swati Joshi and Arindam Goswami in this episode of All Things Policy, where we discuss some uncomfortable truths about India's innovation ecosystem.Here's a number that should make every Indian policymaker lose sleep: In 1993, India and China spent the exact same amount on research and development as a share of their economies - 0.6% of GDP. Fast forward to today. China is at 2.6%. India? Still stuck at 0.6%.Here's another one: Nvidia, a single company ranked 26th globally in R&D spending, invests nearly as much in research as ALL of the Indian industry combined. Today, we're asking the hard questions: Why has India's innovation system remained frozen for 80 years while our economy liberalised? What stops our profitable, world-class companies from investing in R&D? Are we measuring innovation completely wrong? And most importantly - what would bold reform actually look like?And to help us in understanding all of this data, we have the "Handbook on Technology and Innovatio