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What is the rationale for the new Resubmission Policy?

policy rationale resubmission
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What is the rationale for the new Resubmission Policy?

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During the past several years when NIH paylines have been very low, it has been noticed that a large number of excellent applications have had to be revised and resubmitted, even though the underlying science did not change significantly. In effect, excellent investigators with great projects had to wait in line. To try to address this problem, a new policy is in place to fund highly meritorious science earlier. Specifically, NIH plans to increase the success rate of new and first resubmission applications by decreasing the number of resubmissions or amendments that are allowed.

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