Resolution on Technology and Innovation: Difference between revisions

Resolution on Technology and Innovation (view source)

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Revision as of 07:51, 20 November 2021 (view source) FDold>Rakkeyal (Created page with "''A resolution to amend the KISRA Act to include government subsidies to private business willing to invest in innovative technologies.'' IDENTIFYING for the purposes of this...")		Latest revision as of 23:08, 26 December 2022 (view source) Rakkeyal (talk \| contribs) m (5 revisions imported)
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Line 13: HEEREBY amends the KISRA Act to add the following article: ==Article 2 - Technology and Innovation Grants== :2.1 - Forms as a part of KISRA a Bureau of Private Innovation. :2.2 - Instructs the KISRA Bureau of Private Innovation to review and identify projects which may, by its own standards, prove promising for the advancement of science and technology currently under development by private or non-governmental enterprise. :2.3 - Allocates for this purpose a ₣300,000,000 per quarter. ''Proposed by Vikstein, MGA." ------ '''Civil Service Note'''<br> The resolution had to undergo administrative rectification as Technological Grants are under the perview of the Commerce and Labour Ministry. Therefore, the amendment could not be enacted as requested, but instead creates its own standalone piece of legislation now known as the "[[Technology and Innovation Grants Act (635)]]". This creates no operational difference in the intent or effect of the resolution.