The objectives of the board are: to promote the growth of higher mathematics in the country; and to coordinate activities for the development of mathematics.
The functions of the NBHM are:
- To continuously evolve and implement policies and programmes for the development of mathematics in the country.
- To help in the establishment and development of mathematical centres.
- To give financial assistance to research projects and to doctoral and postdoctoral scholars.
- To assess the nature and extent of mathematical inputs necessary in applications and to suggest steps for training adequate personnel specially in areas where sophisticated mathematics is involved.
- To determine the funds required for these activities and to administer these funds through suitable machinery set up for this purpose.
NBHM normally provides financial support only to Indian nationals and institutions. Currently NBHM grants postdoctoral fellowships, Ph. D. scholarships, M.A./M.Sc. scholarships for research/education in mathematics. NBHM provides financial support to the Mathematics Olympiad activity, run in collaboration with the Homi Bhabha Centre for Science Education, for students at the junior college/high school level. NBHM provides financial support for holding conferences/seminars/workshops and instructional schools. Granting financial support to libraries of mathematics departments of universities and research institutions in the country is one of the major activities of NBHM.