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Vaccine Discovery Programme supported by the Department of Biotechnology, Govt. of India under the Mission COVID Suraksha- The Indian COVID-19 Vaccine Development Mission, implemented by BIRAC, moves into clinical trials
The Department of Biotechnology (DBT), Ministry of Science & Technologyhas announced that it has approved additional funding towards clinical studies of India’s’first of its kind’ mRNA-based COVID-19 vaccine – HGCO19, developed by Pune-based biotechnology company Gennova Biopharmaceuticals Ltd.
This funding has been awarded under the’Mission COVID Suraksha- The Indian COVID-19 Vaccine Development Mission’by DBT’s dedicated Mission Implementation Unit at BiotechnologyIndustry Research Assistance Council (BIRAC) after multiplerounds of evaluation of all the applications that were submitted in response to the ‘Request for Expression of Interest (REOI)’under Mission COVID Surakshafor the’Development of COVID-19 vaccine candidate(s)’.
Shares of public sector banks (PSBs) were on a roll in Friday s session after a Buisness Standard report said senior officials of the Niti Aayog, the Reserve Bank of India (RBI), and the finance ministry’s financial services and economic affairs departments are set to meet on April 14 (Wednesday) to discuss the potential candidates for privatisation. Four to five PSBs have been suggested by the Niti Aayog and they will be discussed in the meeting. The names could include Bank of Maharashtra and Indian Overseas Bank. Apart from banks, state-owned general insurance companies may also be taken up for discussion, the report said.
ISRO PSLV C51
The New Space India Limited or NSIL is a Central Government run Public Sector Enterprise stated that it has plans to invest around Rs. 10,000 crore over the next five fiscal years. NSIL has been allocated Rs. 700 crore by the Union Government in this budget 2021-22. NSIL has also been paid an amount of Rs. 10 crore and an authorized capital of Rs. 100 crore.
NSIL plans to capitalise this demand for launch of commercial satellites among other services to raise revenue. Four dedicated launches are lined up over the couple of years, with its revenue mostly earned through services, the officials commented. “We have contracts for four more dedicated launches but our NDAs (non-disclosure agreements) prevent us from revealing more details. All are foreign satellites”, added Radhakrishnan Durairaj, executive director of NSIL said on Friday in Bengaluru.
Centre kicks off privatisation drive; NITI Aayog submits list of 12 PSUs
The list submitted by the government s policy think tank includes PSUs in strategic sectors and will be reviewed by the Department of Investment and Public Asset Management (DIPAM), and the Core Group of Secretaries on Divestment (CGD), headed by the cabinet secretary
BusinessToday.In | March 12, 2021 | Updated 09:38 IST
The list will be its first following the government s ambitious drive to privatise PSUs, as announced by Finance Minister Nirmala Sitharaman in Budget 2021
Kicking off the privatisation drive, NITI Aayog has submitted its first list of around 12 PSUs (Public Sector Undertakings) to be privatised.
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