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'Can we build new IITs by just watching IPL?': IITian calls out India’s funding priorities

Business Today · 24d

India prioritizes cricket over science in funding, sparking debate. Career coach Virendra Grover highlights IISc professor Mayank Shrivastava's critique that IPL revenues could build ten new IITs if taxed. Shrivastava argues India doesn't lack money but the will to invest in science. IPL profits, untaxed due to BCCI’s charitable status, contrast with taxed research labs. India's R&D spending is low, prompting calls for balanced investment supporting both scientific research and underprivileged income-building.