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Before India became an independent country, its scientists and policy makers could foreseethe importance of science in its development, and accordingly a number of research anddevelopment (R&D) institutions were established. However during these five decades ofindependence, the choice between basic sciences and technology was always a subject of debate.It will be appropriate now to examine the changing patterns of Science and Technology (S&T)manpower growth to find out the ground truth reality. The present study pertains to the analysis ofS&T outturn data in various fields of scientific research that can provide a base for S&T planningand policy making. These S&T indicators will be helpful in estimating future requirements, whichin turn can be useful to a great extent in science and technology policy formulation. Theseestimates and future projections are based on mathematical modelling of the data pertaining to theoutturn of highly qualified Scientific and Technical (S&T) personnel in India from differentfaculties over the period 1990-1998. From the trend analysis it is evident that research is no moreperceived as an interesting career except in the field of engineering and medicine. The findingsfurther suggest that there is a noticeable shift from basic sciences to technology.