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Synopsis Research in posts Independent India can be divided into two phases. While the first phase was characterized by the critically of 'self sufficiency' in the field of technology development for rapid industrial and agricultural growth, the second phase is the outcome of post 1990 'economic liberalization' and the need to build 'global competitiveness'. The latter phase calls for strengthening the research infrastructure in the form of libraries, laboratories and institutions of higher learning. The book reviews the Government policy towards research with emphasis on several new initiatives taken by the Government. It also examines the future prospects of research in the light of the significant step up in investment in research activity by the private sector in recent years. The focus of the book, moreover, is on sponsored research encompassing both physical and social sciences. The book provides on anthology of various 'funding windows' offering fellowship and other research grants, within, keeping in view, the interests of young students keen on pursuing research, the chapter on 'Basics of Research' discusses briefly the approach to research, its relationship to knowledge, research as a means of discovery and its limitations. An indispensable book for students, scholars and policy formulators.