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Russia to increase fundamental research financing to $2 bln in 2016 — PM

December 10, 2015, 16:26 UTC+3
According to Dmitry Medvedev, it is impossible to support strong and efficient economy without achievements in the field of science and technology
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© Dmitry Astakhov/Russian Government Press Office/TASS

MOSCOW, December 10. /TASS/. The Russian Government will scale up fundamental research financing to 135 bln rubles ($2 bln) in 2016, Prime Minister Dmitry Medvedev said on Thursday.

"We will increase financing of fundamental research to 135 bln rubles ($2 bln) next year," the prime minister said. "This has not taken place lately. Even in current conditions we have an opportunity of making certain changes in priorities," Medvedev said.

It is impossible to support strong and efficient economy without achievements in the field of science and technology, the prime minister said at the ceremony of granting Cabinet awards in science and technology in 2015. "Talents growing in our country have prospects and opportunities for implementation," Medvedev added.

Thirteen groups of scholars received Cabinet Science and Technology Awards this year and four more awards were presented to young scientists.

Awards were given for innovative structures of power plants pumping equipment, development of microwave diagnostics software and hardware, diamond deposits subsurface mining systems, sparingly alloyed high-strength steel technology, environment-friendly gasoline production technology, cabbage hybrids, environmentally pure drilling technologies and equipment, chronic pancreatitis treatment methods, competitive welding equipment, high-energy satellite platform, multirole patrol vessels, microcircuits for smart cards, and two-range compact onboard radar.

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