DST-Fund for Improvement of S&T Infrastructure (FIST)
Universities are cradles of innovation and knowledge creation. Research in universities has three-tier effects concerned with quality of under-graduate & postgraduate education and value of research. They are the source of generating high caliber manpower and repositories of national intellectual wealth in Science & Technology (S&T) sector, which if channelized properly, may lead to socioeconomic development.
Government of India in the year 2000 announced a major new initiative titled "Fund for Improvement of S&T infrastructure in universities & higher educational institutions (FIST)" to rebuild the Science & Technology infrastructure in the country.
