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400-cr corpus to help CSIR fund own research

400-cr corpus to help CSIR fund own research
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Highlights

The Council of Scientific and Industrial Research (CSIR) labs would finance their own research projects as a way to infuse self- discipline and ensure accountability. 

Hyderabad: The Council of Scientific and Industrial Research (CSIR) labs would finance their own research projects as a way to infuse self- discipline and ensure accountability.

A corpus of Rs 400 crore has been allotted to kick-start the initiative in a couple of weeks, according to Dr Girish Sahni, Director-General CSIR & Secretary, Department of Scientific and Industrial Research (DSIR).

He was speaking at the Foundation Day lecture here on Saturday, which also coincides with the Platinum Jubilee year of the Council of Scientific and Industrial Research (CSIR) at the Indian Institute of Chemical Technology (CSIR-IICT), one of the premier chemical research laboratories in
the city.

Considering that CSIR revenues had dipped in recent years, new initiatives had been launched at the Centre for Cellular & Molecular Biology (CCMB), including an Innovation Hub, which looks to involve industry and start-ups to utilise the facilities, he said.

There were more than 2,000 live patents in CSIR labs across the country that could be taken to their logical end by involving the industry.

The Government of India was keen on a single window for drug development and plans were afoot to link affordable technologies across different verticals such as water, health, sanitation, building materials, he added.

The CSIR is looking to fund its own research, although it has been getting government support. Senior scientists say that the next challenge is to make CSIR relevant to industry and transfer technologies.

The government budgetary support for CSIR in 2014-15 was Rs 3,335.88 cr and the revenue earned by CSIR was Rs 578.92 cr.

Earlier, Dr. Girish Sahni hoisted the 100-ft flag in the presence of Dr. S. Chandrasekhar Director, CSIR- IICT, and staff on their campus as part of the Platinum Jubilee celebrations of CSIR.

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