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True, National Science Foundation was recommended by Vannevar Bush in his report of 1945; Science the Endless Frontier: NSF is the fountainhead of state monopoly capitalism in USA, today. Though launched in 1950, US Congress started committing large funds for NSF only after the launch of Soviet Sputnik in 1957. NSF perfected the art of state directed R&D, with the help of Universities run by State governments: it has created even a Military Industrial Complex for support. Ironically, Bush report was inspired by the ‘scientific ecosystem’ created by the state monopoly socialism of USSR: It was damaged by perestroika, and re-built by Putin. China was inspired by Soviet Science and adopted its ecosystem for building socialism with Chinese characteristics. India took a similar route after independence and continued it for three decades, as pointed out by Chandru: We see its footprints in space, nuclear and super-computing: other sectors witnessed wanton destruction by corporates local and foreign.