📌 Why in News?
According to the latest data disclosed by the Department of Science and Technology (DST), India’s spending on research and development (R&D) surged to 0.83% of GDP in 2021-22, , marking the first time since 2009-10 that the country crossed the 0.8% threshold. What is Gross Expenditure on Research and Development (GERD)? It is the sum of all resources dedicated to research and development during a given period.