establIsh an Institute under the already reformed Thailand Institute of Scientific and Technological Research. or under either Chulalongkorn University or Chlangmal University. In order to ensure the smooth and efficient operation of the above Institutions. which are capable of providing advice. solutions and the timely development of new technology for local business and Industry, It Is necessary to consider the appropriate organization and the formulation of the necessary regulations and guidelines for the efficient operation of these Institutions. The Institutes must have freedom and flexlbll lty In operations. have sufficient financial resources. and have a sound environment In which to conduct their research. Programmes for promoting the yse of local R and P The private sector will be encouraged with proper tax and other financial Incentives. to contribute substantially to foundations for support of S and T development In association with the National Research Council. Also, the government plans to set up the law for promotion of Industrial technology. This law makes It necessary and provides Incentives for Industry to support R and D through tax exemption. It might stlpulat~ that at least 5J of the net profit of large Industrial companies must be used on a tax deductible basts. for support of R and D of their Interest. Small and medium Industrial companies could be allowed to form associations to arrange for joint Rand D and promote the use of Rand D Institutions and results In Thailand In areas of their common Interest. FINANCING SCIENTIFIC RESEARCH WORK AND SANDT PROGRAMMES Flnanc!ol resource& torS and I acttv!tles Government funds for S and T actlvltfes were proposed and obtained by the relevant agencies through regular budget procedure. through the Budget Bureau and Parliament. The National Research Council <NRC) had both a screening role and a monitoring role for government research funds. The NRC allocated 
**Analysis**
The text discusses the establishment of an institute and the allocation of funds for scientific research and development programs, aiming to promote the use of local research and development institutions and results in Thailand. It also mentions the promotion of industrial technology and the encouragement of the private sector to contribute to scientific research and development. These points suggest that the text is related to the development of science and technology in Thailand, as well as its applications in the industry.

**Category**
Industry, Science and technology