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Two state agencies appeal against hefty cut in R&D funding

Two state agencies appeal against hefty cut in R&D funding

13 Sept 22:57 Key points summarised by AI
  • Two state agencies, NSTIPC and TCELS, formally appealed a drastic 63.7% cut to the national Science, Research and Innovation Promotion Fund.
  • The House budget sub-committee reduced the fund from 12 billion to 4.534 billion baht, prompting the appeal.
  • The agencies argue this significant cut will severely hinder national development, erode foreign investor confidence in high-tech industries, and negatively impact the grassroots economy, SMEs, and over 250 research institutions.
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