SPARK stands for 'Sustainable Progress Through Application of Research And Knowledge'.
It is a proposed initiative by top administrators in Indian Science to synergise the science activity in India.
Having an Independent Science and technology authority is one of the main recommendations of it.
It will have a discovery arm and a delivery arm which strives for solving the basic research problem all over the country and for evolving the public private partnerships respectively.
SPARK has it's own concerns and challenges. You can read different opinions of experts to understand it thoroughly.