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NewsThe Hindu BizMonday, 12 October 2026NEW

The 2026 Nobel-winning insights into how Govts should stabilise economies

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Summary
The research done by Robert E. Hall and Michael Woodford also provides an empirical basis for the idea that the effectiveness of economic policy is also determined by how well governments communicate why they are implementing those policies
Key Facts
TypeNews
SourceThe Hindu - Business
PublishedMonday, 12 October 2026
Affected Population~1 million researchers, R&D ecosystem
Key Numbers
R&D spending: 0.7% of GDP
Gaganyaan: Rs 12,000 crore investment
India Innovation Index: 40th globally (2024)
Key Authorities
Ministry of Science & TechnologyDSTCSIRISRO
Key Stakeholders
ResearchersR&D InstitutionsStartups
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Science & Innovation77 tracked→
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