date:May 20, 2016
s such as Skill India that is dedicated to upgrading the existing skill levels in the country and Start-up India which aims to support start-ups and commercialisation of RD. However, there is still low commercialisation of RD in the country due to the lack of a proper ecosystem for protection and promotion of RD in India. Given this, it is important to understand the prevalent regulations in the sector. FDI upto 100 per cent is allowed in RD and foreign multinationals are encouraged to set up RD