R&D Incentive Policy

Incentive for publications                        

Faculty members are encouraged to publish their research work in reputed journals. Incentive will be paid to the faculty members for publishing in SCI/Scopus/UGC listed journals. The 1^st author necessarily be from SRIT to claim the incentive. The details of incentive is as follows.

Type of Journal	Incentive amount offered  (Rs/-)
SCI Journal	7,500
SCOPUS Journal	5, 500
UGC Journal	2,500

The above incentive will be paid for a maximum of two publications to a faculty member in an academic year (July to June).

• Incentive for Paper Presentation in National or International Conferences

Faculty members are encouraged to present their research works in National or International Conference hosted by IISc /IITs// NITs/ Central Universities/State Universities/CSIR/ other reputed

organisations with On-Duty. The 1^st author necessarily be from SRIT and it can be availed for only once in an academic year by a faculty member (June – July).

• Incentive for externally funded projects

Faculty members are encouraged to undertake externally funded research projects. Incentive will be paid to the faculty members for research projects with external funding in an amount equal to 10% of the total non-recurring grant. This incentive will be paid in after receipt of grants to the Institute. Since the amount being released in phases, the incentive(s) paid is also proportional to the amount received by the Institute.  The incentive amount is divided equally among the members, if more than one faculty of SRIT are involved.

• Incentive for Organizing externally funded Seminars / Workshops / Symposia/ Conferences

Faculty members are encouraged to organize Conferences / Seminars / Workshops / Symposia. Incentive will be paid to the faculty members for Organizing Conferences / Seminars / Workshops / Symposia with external funding in an amount equal to 10% of the total grant subjected to the approval of The Principal. This incentive will be paid in after the completion of Conferences / Seminars / Workshops / Symposia.  The incentive amount is divided equally among the members, if more than one faculty are involved.

• Incentive for Consultancy Projects

Faculty members are encouraged to undertake consultancy projects from Industry. If any consultancy project is carried at institute, the members involved in consultancy project will take 10% of the total net amount so received by the Institution and 90% will go to the Institute. If there are more than one person involved in the consultancy project, the amount will be equally distributed.

• Incentive for Attending Workshops/ FDPs

Faculty members are encouraged to attend Workshops/FDPs having minimum of 05 days duration with On-Duty hosted by IISc /IITs// NITs/ Central Universities/State Universities/CSIR/ other reputed organisations. The incentive of this type can be availed for only once in an academic year by a faculty member (June-July).

• Incentive for Patent

Faculty members are encouraged to get patents for the products/processes they have developed. An incentive maximum of Rs.30,000/- for International and maximum of Rs.15,000/- for Indian Patent will be given for successfully granted patent.