The state funds are mainly used for financing fundamental research programmes and for highly important and costly Rand D activities aimed at creation ~nd introductio~ of principally new technologies whose resulsts may be used in a number of branches of the national economy and produce corresponding effect mainly In the long run. Such allocations are also used to finance all scientific research organizations of the USSR Academy of Sciences. the academies of sciences of the union republ lcs and a number of other Institutions. The financing of SandT activities of all union signifi­ cance directly from the state budget ensures the concentration of these resources on t~e most important programmes. It widens the possibilities of their stable financing and offers financial control by the state bodies in determing the volume and justifi­ cation of expenditure as well as Increases economic responsibi­lity of branch management bodies for the fulfilment of the rele­ vant programmes. The proper funds, as a rule, are related to the economic and self-accounting performance of enterprises and organizations, as well as ministries (committees). These funds depend on the achievements of significant quality of resulsts of hlghe quality and on the efficiency of social production. These funds are subdivided Into branch central I zed funds and reserves and funds of production associations, enterprise~ and organizations. The branch central I zed funds and reserves are formed In the ministries (committees) and are designated for financing S and T develoopment measures carried out by the subordinate associa­ tions, enterprises and organizations In accordance with the planned assignments approved by the higher bodies. The funds of production associations, enterprises and organizations are used for compensating towards expenses result­ Ing from the planned creation of new technology and Improvement of the product qual lty. 
**Analysis**
The text discusses the allocation of state funds for scientific research and development (R&D) activities, with a focus on creating new technologies that can be used in various branches of the national economy. The text highlights the importance of state funding for ensuring the concentration of resources on the most important programs, and for promoting economic responsibility among branch management bodies. This suggests that the text is related to the field of science and technology, and likely has implications for economic development.

**Category**
Science and technology, Economic development