In order to gain deep thorough knowledge regarding any particular subject or topic when we basically study carefully and thoroughly about that particular topic is known as Research. Research basically is needed to be organized, summarized and recorded very carefully so as to come up with a successful research. Research is not just a process which is confined to the field of science only but is also applicable for any other fields also where a person can prefer to do extensive study to obtain accordant information/knowledge. It can, as well, appeal to people and scholars from artistic, historic or any other fields also.
The significance and importance of research for government is accentuated by the following aspects given below:
Government Policies: In our Economic system the research offers the foundation for almost all government policies. For instance, governments’ budgets are totally based on an analysis of the requirements of people of that particular country and on the revenues that are available for the fulfillment of those requirements. Actually the expenditure required for those needs should be equated to the possible available revenues and this is an area where research is mostly needed. we can easily make advancements and can even make alternative policies and very well can take a look at the effects of each of these options and this is possible only through research. Hence the research is helpful for government policies.
Allocation of National Resources: In order to cope with all the elements of the country’s existence the government has to prepare programs accordingly and any which ways most of these will be associated directly or indirectly to economic conditions which includes: The difficulties that are faced by big and small businesses and industries, the double troubles faced by the cultivators in their working conditions, trade union activities, the challenge of distributions, even research is required in the defense sector as the size and character of defense services are issues. Thus research is mandatory with regard to the allocation of nation’s resources.
Social Welfare: The vary causes of various social events are the lack of knowledge and understanding. Examples of such events are communal issues, religions riots, the misnomer of social, racial superiority are the various outcomes of ignorance. In order to deal with such serious issues or these wrong notions one is capable to do it with the help of research. Research is therefore you can say that is utterly useful for dealing with the welfare and progress of humanity and the society.
Analysis of Economic Structure: For the accumulation of data on social and economic structure of the country to make various analysis and predictions for the forthcoming time research is utterly essential for it because with the help of thorough research only one is able to come up with accurate results. Gathering such statistical data involves a number of research problems and this type of information reveals what exactly is going on in the economy, and what adjustments are going to take place in near future.